Jim Cramer takes cameras with him as he tours an oil rig in the Gulf of Mexico.» Read More
WASHINGTON, March 5- U.S. Supreme Court justices on Wednesday appeared to look for a compromise that would give publicly traded companies better defenses against securities class actions without overruling a 26- year-old precedent that made it easier for plaintiffs to negotiate large settlements.
WASHINGTON, March 5- U.S. Supreme Court justices on Wednesday appeared to look for a compromise that would enable them to avoid overruling a 26- year-old precedent that made it easier for plaintiffs to negotiate large securities class action settlements.
WASHINGTON, March 4- In a case eagerly watched by publicly traded companies regularly sued by investors, the U.S. Supreme Court will on Wednesday consider overruling a 26- year-old precedent that made it easier for plaintiffs to negotiate large class action settlements.
Feb 25- Oilfield services provider Weatherford International Ltd said it would divest five businesses, exit another as it struggles with weak demand in North America, and has identified 6,192 positions for job cuts as part of a previously announced plan.
Feb 25- Oilfield services provider Weatherford International Ltd said it would divest five businesses, exit another and lay off 6192 employees as it struggles with weak demand in North America. The company, which is being probed for violations of the United Nations oil-for-food program in Iraq, on Tuesday also reported a wider quarterly net loss.
Jan 30- Oilfield services company Weatherford International Ltd said it would cut 7,000 jobs and warned that its fourth-quarter profit would miss its forecast, hurt by severe winter in North America and operational disruptions in the Middle East.
LONDON, Jan 30- Cutting the cost of everything from salaries and steel pipes to seismic surveys and drilling equipment is the central challenge for the oil and gas industry over the next five years.
NEWCASTLE, England, Jan 23- General Electric's oil and gas division will start pilot production of 3 D printed metal fuel nozzles for its gas turbines in the second half of this year, a major step towards using the technology for mass-manufactured parts in the industry.
The world's three largest publicly traded oil field servicing companies trumped analysts' earnings expectations in the final three months of 2013.
CNBC's Morgan Brennan explains how emerging markets helped Schlumberger, Baker Hughes and Halliburton beat fourth-quarter earnings expectations.
U.S. Treasury prices slipped on Tuesday with benchmark yields edging up from five-week lows.
Jan 21- Oilfield service companies Halliburton Co and Baker Hughes Inc said they expect an improvement in North American margins, driven by a modest pickup in onshore activity and strong deepwater drilling in the Gulf of Mexico.
The CNBC Earnings Squad previews the quarterly earnings reports for Forest Labs, Johnson & Johnson and Halliburton.
U.S. stock index futures pointed to a higher open on Tuesday, when trading will be dominated by earnings from a host of major companies.
Some of the names on the move ahead of the open.
Jan 17- Schlumberger Ltd, the world's largest oilfield services company, posted a better-than-expected fourth-quarter profit on Friday as robust international activity offset stiff competition in North America.
Jan 17- Schlumberger Ltd, the world's largest oilfield services company, reported a better-than-expected 22 percent jump in fourth-quarter profit as robust international drilling activity made up for weakness in North America. Most of Schlumberger's gains in North America came from the U.S.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
WASHINGTON, Dec 22- As debate rises in Washington over the first thaw in relations between Iran and the United States in decades, powerful oil companies are opting for an unusual tactic: silence.
Buybacks are good news, but the increase in share repurchases may not be as impressive as it seems.