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Halliburton Co

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  • WASHINGTON, April 24- U.S. business investment spending plans fell for a seventh straight month in March, weighed down by a strong dollar and lower energy prices, suggesting the economy was struggling to rebound from a recent soft patch. The report from the Commerce Department on Friday came on the heels of lukewarm data on retail sales, employment and housing...

  • WASHINGTON, April 24- U.S. business investment spending plans fell for a seventh straight month in March, likely weighed down by a strong dollar and lower energy prices, suggesting the economy could struggle to strongly rebound from the first quarter's soft patch. The dour report from the Commerce Department on Friday came on the heels of lukewarm data on retail...

  • WASHINGTON, April 24- U.S. business investment spending plans fell for a seventh straight month in March, likely weighed down by a strong dollar and lower energy prices, suggesting the economy could struggle to rebound from a soft patch hit at the start of the year. The Commerce Department said on Friday non-defense capital goods orders excluding aircraft, a...

  • Oil job cuts show no signs of slowing down   Tuesday, 21 Apr 2015 | 10:30 AM ET
    Oil job cuts show no signs of slowing down

    CNBC's Mary Thompson on the shrinking oil industry.

  • April 21- Baker Hughes Inc, which is being bought by Halliburton Co for $35 billion, said it expects "unfavorable market conditions" to persist in the second quarter as drillers turn off more rigs, intensifying a glut in oilfield services. The rig count in North America, a region that accounts for 44 percent of Baker Hughes' revenue, has halved to 1,000 so far this year.

  • Baker Hughes reports quarterly loss on $772 mln charge Tuesday, 21 Apr 2015 | 8:17 AM ET

    April 21- Oilfield services provider Baker Hughes Inc, which is in the process of being acquired by Halliburton Co for $35 billion, posted a quarterly loss compared with a year-earlier profit as it recorded a $772 million charge related to restructuring and other items. Baker Hughes said it would cut 10,500 jobs, or 17 percent of its global workforce, up from 7,000...

  • Royal Caribbean and Hasbro are big market movers Monday, 20 Apr 2015 | 7:08 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Royal Caribbean Cruises Ltd., down $6.32 to $72.71. The defense contractor will buy cybersecurity company Websense Inc. from equity firm Vista Equity Partners for about $1.9 billion.

  • How the Dow Jones industrial average fared Monday Monday, 20 Apr 2015 | 4:47 PM ET

    Stocks rebounded on Monday from a big sell-off on Friday after getting a boost from some good first-quarter earnings reports. Toy maker Hasbro and oil services company Halliburton were among the companies that reported earnings that surpassed analysts' expectations. The Dow Jones industrial average rose 208.63 points, or 1.2 percent, to 18,034.93.

  • HOUSTON— Halliburton Co. has cut 9,000 jobs— more than 10 percent of its workforce— in about six months and is considering more cost-cutting moves as falling oil prices sap demand for its drilling help. Halliburton executives disclosed the job cuts Monday on a conference call with investors. Schlumberger and Halliburton help map underground oil and gas...

  • Hasbro was among the biggest gainers Monday after the toy maker reported earnings that were better than analysts were expecting. Oilfield services company Halliburton also rose after beating analysts' estimates. The price of oil increased 64 cents to close at $56.38 a barrel in New York.

  • April 20- Halliburton Co's decision to cut fewer jobs and keep its logistics network intact to capitalize on its pending merger with Baker Hughes Inc could give Schlumberger NV an edge at a time when cost cuts look like the best way forward. "I think in the very near term, Schlumberger is going to make more money than Halliburton because it's not carrying the extra...

  • Stocks close higher on China stimulus; earnings eyed Monday, 20 Apr 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed sharply higher on Monday amid an unexpected stimulus from China's central bank as investors kept eyeing corporate earnings.

  • Halliburton Co. on Monday reported better-than-expected quarterly results after some hurtful cuts to offset a 60 percent plunge in oil prices from last June to January. In the last month, shares of Schlumberger, Halliburton, Baker Hughes Inc. and others are up more than 10 percent. Halliburton and Baker Hughes both rose almost 3 percent Monday.

  • Traders focus on earnings in trades to go Monday, 20 Apr 2015 | 1:44 PM ET

    The "Halftime Report" traders focus on earnings as they give their trades for the second half.

  • Most active New York Stock Exchange-traded stocks Monday, 20 Apr 2015 | 1:17 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose 1.0 percent to $32.83 with 24,104,100 shares traded. Alcoa Inc. rose. 9 percent to $13.58 with 17,234,600 shares traded.

  • US stocks gain, rebounding from Friday's slump Monday, 20 Apr 2015 | 11:56 AM ET

    NEW YORK— U.S. stocks are rising in midday trading, bouncing back from a big loss on Friday, as companies turn in healthy earnings reports. Hasbro was among the biggest gainers Monday after the toy maker reported earnings that were better than analysts had been expecting. Oilfield services company Halliburton also rose after its earnings beat analysts'...

  • April 20- Halliburton Co's quarterly profit beat analyst expectations by the biggest margin in at least eight quarters as cost cuts helped the oilfield services provider offset a steep fall in drilling in North America, its biggest market. Revenue fell by 4 percent to $7.05 billion in the first quarter, but beat analysts' average expectation of $6.96 billion,...

  • Toy maker Hasbro reported an unexpected gain in sales on the back of strong demand for its Transformer, Nerf and Marvel toys. Oil and gas services company Halliburton and investment bank Morgan Stanley also reported results that we're better than analysts were expecting. The strong earnings Monday "are setting a good trend to start the week," said David Lyon, a...

  • Futures rally after China stimulus, earnings eyed Monday, 20 Apr 2015 | 8:51 AM ET

    U.S. stock index futures rallied on Monday, after China's central bank cut the amount of money banks must hold as reserves.

  • Early movers: MS, HAS, HAL, STI, NOK & more Monday, 20 Apr 2015 | 7:46 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.