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Halliburton Co

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  • 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...

  • 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.

  • 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...

  • April 20- Halliburton Co warned of headwinds in its international operations and pricing pressure for its oilfield services in North America, its largest market, as an extended slump in oil prices continues to force drillers to slash spending. Halliburton agreed to buy smaller rival Baker Hughes Inc for $35 billion last November, to better negotiate the slump...

  • Halliburton posts quarterly loss on $1.21 bln charge Monday, 20 Apr 2015 | 7:10 AM ET

    April 20- Halliburton Co, which is buying smaller oilfield services provider Baker Hughes Inc for $35 billion, posted a quarterly loss compared with year-earlier profit as it took $1.21 billion in charges related to asset writedowns and other items. The net loss attributable to Halliburton was $643 million, or 76 cents per share, in the first quarter ended March...

  • HOUSTON— Halliburton reported a $643 million loss for its first quarter, as the oilfield services provider continued to adjust to slumping energy prices that have forced layoffs and other cutbacks at companies across the sector. Halliburton announced in February that it will eliminate at least 5,000 jobs. In North America, Halliburton Co. felt pricing...

  • Earnings next test for stocks after market wipeout Monday, 20 Apr 2015 | 5:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • The assumption is that oil firms will finish work on those wells, known as "ducks" in the industry jargon, once oil prices recover further and North Dakota activates its tax relief in response to a long market slump. "You know you have an 800- pound gorilla that is potentially going to come after you if the price goes up," Jackson Hockley, an analyst at wealth manager...

  • Earnings next test for stocks after market wipeout Friday, 17 Apr 2015 | 4:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Oil field services stocks due for comeback: Analyst Friday, 17 Apr 2015 | 11:44 AM ET
    Oil pumps and drilling equipment in an oil field in Kern County, where the majority of California's oil and gas production in Shafter, California.

    "We think we're close to a bottom in the oil field services cycle," Kurt Hallead of RBC Capital Markets said.

  • April 17- Schlumberger Ltd, the world's No.1 oilfield services provider, reported a smaller-than-expected fall in first-quarter margins as it continued to execute tight cost controls to combat a decline in drilling activity. Schlumberger shares rose as much as 3.3 percent to a near-five-month high of $94.89 on Friday, a day after the company reported a...

  • Grexit fears in Europe cause flight to safety Friday, 17 Apr 2015 | 10:22 AM ET
    Traders on the floor of the New York Stock Exchange.

    Investors piled into safe harbors as fears rose over a Greek exit on Friday, sending bond yields tumbling.

  • Schlumberger shares rise as cost cuts impress Friday, 17 Apr 2015 | 9:52 AM ET

    April 17- Schlumberger Ltd's shares rose as much as 3.3 percent on Friday, after tight cost controls helped the world's No.1 oilfield services provider report higher-than-expected margins in the first quarter. While Schlumberger said on Thursday that lower activity and pricing pressure led to a 9 percent drop in quarterly revenue, profits came in well ahead...