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Halliburton Co

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  • US STOCKS-Wall St lower in wake of air strikes on Yemen Thursday, 26 Mar 2015 | 9:42 AM ET

    *SanDisk tumbles in premarket after outlook cut. NEW YORK, March 26- U.S. stocks fell at the open on Thursday to put the S&P 500 on track for a fourth straight decline, after Saudi Arabia and its allies launched air strikes on Yemen. "Obviously the situation in Yemen is being used as the excuse for this pullback, which is a continuation of yesterday," said Peter Cardillo,...

  • *SanDisk tumbles in premarket after outlook cut. NEW YORK, March 26- U.S. stocks were poised for a lower open on Thursday to put the S&P 500 on track for a fourth straight decline, after Saudi Arabia and its allies launched air strikes on Yemen. Obviously the situation in Yemen is being used as the excuse for this pullback, which is a continuation of yesterday, "said Peter...

  • US STOCKS-Futures down after Saudi air strikes on Yemen Thursday, 26 Mar 2015 | 7:38 AM ET

    *SanDisk tumbles in premarket after outlook cut. NEW YORK, March 26- U.S. stock index futures were lower on Thursday to put the S&P 500 on track for a fourth straight decline, after Saudi Arabia and its allies launched air strikes on Yemen. *Oil prices spiked, with Brent crude up 3.4 percent to $58.40 and U.S. crude up 3.5 percent to $50.93 after warplanes from Saudi...

  • March 23- The U.S. shale oil industry may have forever abandoned its heavy-spending ways in the face of sliding crude prices, Schlumberger Ltd, the world's No.1 oilfield services provider, said on Monday. Spending cuts already announced by producers- to the tune of 25 to 60 percent- have dropped the rig count by 45 percent since late 2014, and output will soon...

  • WILLISTON, N.D., March 12- Halliburton Co, Schlumberger NV and other large energy companies were conspicuously absent from a major North Dakota job fair this week, a telling sign as employers in the No. 2 U.S. oil-producing state grapple with sliding crude prices. "When a well is out, you still have to service it," said Cindy Sanford of Job Service North Dakota, which...

  • US STOCKS-Wall St slumps on Greece concerns Tuesday, 10 Mar 2015 | 9:51 AM ET

    *Qualcomm jumps in premarket, to buy back shares. NEW YORK, March 10- U.S. stocks fell on Tuesday, dropping in a broad decline amid renewed concerns about debt talks with Greece and as crude oil fell, weighing on energy shares. "There's a lot of rhetoric out there, some of which feels like name-calling, all of which makes the situation read as worse than it used to be," said...

  • *Qualcomm jumps in premarket, to buy back shares. *Crude oil falls; Exxon, Halliburton weaker. NEW YORK, March 10- U.S. stock index futures pointed to a lower open on Tuesday, pressured by weaker-than-expected data out of China as well as ongoing concerns about debt talks with Greece.

  • *Qualcomm jumps in premarket, to buy back shares. *Crude oil falls; Exxon, Halliburton weaker. NEW YORK, March 10- U.S. stock index futures fell on Tuesday, pressured by weaker-than-expected data out of China as well as ongoing concerns about debt talks in Greece.

  • NEW YORK, March 6- The U.S. oil and gas sector bled away more jobs last month as sustained low oil prices forced energy producers to reduce spending, suggesting that further pain may be ahead for the struggling industry. The number of oil rigs active in the United States has fallen 40 percent since October. The mining sector of the workforce, which includes oil and gas...

  • Oil firms are swimming in data they don't use Thursday, 5 Mar 2015 | 1:39 PM ET

    The energy industry's failure to use the data it collects means it's not as efficient as it could be, leaving money on the table.

  • Corrects Hercules Offshore item to change date of announcement of job cuts to Feb. 12 from Feb. 3) Feb 17 (Reuters)- Oilfield services giants Schlumberger Ltd and Halliburton Co and many others in the oil and gas industry have announced plans to lay off thousands of people in the past few months as global oil prices have nearly halved since June.

  • NEW YORK, Feb 19- U.S. stocks fell on Thursday, with energy shares leading the way lower amid a sharp decline in oil prices, while continued uncertainty over the prospects of a debt deal with Greece added to the cautious tone. On the upside, Priceline Group rallied on its results, helping keep the Nasdaq slightly positive. Exxon Mobil fell 1.2 percent to $89.95 while...

  • US STOCKS-Futures point to flat open, crude oil falls Thursday, 19 Feb 2015 | 8:50 AM ET

    *Priceline shares rally in premarket after results. NEW YORK, Feb 19- U.S. stock index futures pointed to a flat open on Wall Street Thursday, with major indexes near record levels, as investors continued to digest ongoing uncertainty over Greece. Exxon Mobil fell 1.2 percent to $89.95 in premarket trading while Halliburton Co was off 2.2 percent to $43.43 and...

  • 5 ways to play oil under pressure Wednesday, 18 Feb 2015 | 7:25 PM ET
    Pump jacks and wells on the Monterey Shale formation in California

    Hits to the oil sector on Wednesday amid sustained volatility opened up opportunities to buy on weakness, "Fast Money" traders said.

  • Dividends & buybacks set record; What to buy Wednesday, 18 Feb 2015 | 10:43 AM ET

    This bull market has $900 billion behind it in the form of dividends and buybacks. Here's how to play it.

  • Feb 17- Oilfield services giants Schlumberger Ltd and Halliburton Co and many others in the oil and gas industry have announced plans to lay off thousands of people in the past few months as global oil prices have nearly halved since June. In January, crude prices fell to their lowest in more than five years, hurt by a global supply glut and OPEC's refusal to curtail...

  • BOSTON, Feb 13- A massive effective devaluation of Venezuela's bolivar currency will likely badly dent 2015 earnings at a swath of major U.S. companies. Currently those assets are valued based on the main official rate of 6.3 bolivars to the dollar, or a second rate at 12 bolivars. Some companies, such as diapers and tissue maker Kimberly-Clark Corp, had recently...

  • US oilfield jobs cull gains pace, more pain ahead Friday, 13 Feb 2015 | 11:13 AM ET

    Feb 13- When Ian Sandlin was laid off last week after 13 months working on oil rigs in southeast Texas, he was surprised to have lasted that long. The 27- year-old Houston native is among thousands of workers caught in an accelerating cull of oil field jobs across the once booming U.S. oil industry. Interviews with more than a dozen oil workers and job recruiters...

  • Houston housing awaits spring chill Friday, 13 Feb 2015 | 10:14 AM ET
    A file photo of a house for sale with an owner finance available sign in Houston.

    Houston's hot housing market hasn't seen any impact from lower oil prices yet, but everyone is expecting it to cool at some point.

  • LONDON, Feb 13- "This is the really crappy part of the job, and this is what I hate about this industry frankly," the chief executive of oilfield services company Baker Hughes complained as he announced it would lay off 7,000 employees. Baker Hughes is cutting jobs in response to slumping prices and a downturn in drilling activity. Halliburton announced it will cut...