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Halliburton Co

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  • HOUSTON— Shares of Halliburton rallied Tuesday after the oilfield services company reported its fourth-quarter profit rose 14 percent in a performance that exceeded Wall Street expectations. Halliburton Chairman and CEO Dave Lesar said Tuesday morning during a conference call that his company's customers have chopped their capital expenditure...

  • Strong North America demand drives Halliburton profit Tuesday, 20 Jan 2015 | 7:09 AM ET

    Jan 20- Halliburton Co, the world's No. 2 oilfield services provider, reported a 14 percent rise in fourth-quarter profit, helped by strong demand for its services in North America. Net income attributable to the company rose to $901 million, or $1.06 per share, in the quarter ended Dec. 31 from $793 million, or 93 cents per share, a year earlier. Halliburton entered a...

  • US STOCKS-Futures up; oil falls on lower IMF forecasts Tuesday, 20 Jan 2015 | 7:06 AM ET

    *Oil lower again, Halliburton set to report results. *FXCM shares plummet 80 percent, details loan agreement. NEW YORK, Jan 20- U.S. stock index futures rose modestly on Tuesday as lower growth forecasts from the International Monetary Fund spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement.

  • Jan 20- Baker Hughes Inc posted a better-than-expected quarterly profit on resilient demand but the oilfield services company warned that recent declines in rig counts due to low oil prices would "clearly affect" results in 2015.. The number of rigs drilling for oil in the United States fell by 55 to 1,366 last week, the second-sharpest weekly drop in 24 years,...

  • North America demand boosts Baker Hughes profit Tuesday, 20 Jan 2015 | 6:12 AM ET

    Jan 20- Baker Hughes Inc's fourth-quarter profit more than doubled on Tuesday, driven by strong demand from North America. Net income attributable to the company rose to $663 million, or $1.52 per share, in the quarter ended Dec. 31, from $248 million, or 56 cents per share, a year earlier. Baker Hughes said in November it would be bought by bigger rival Halliburton Co in...

  • Global forces threaten corporate America Monday, 19 Jan 2015 | 5:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    Investors must now answer a serious question plaguing markets: How long can America continue to shine in a dull world?

  • Cramer Remix: These oil stocks have bottomed Friday, 16 Jan 2015 | 7:13 PM ET

    Looking for opportunity in energy? "Mad Money" host Jim Cramer may have finally found the spot.

  • Cramer's game plan: It all depends on this Friday, 16 Jan 2015 | 6:13 PM ET
    Traders on the floor of the New York Stock Exchange.

    Earnings season is back, baby! The direction of the market depends on these key companies.

  • In a stark sign of how a sudden, 60 percent drop in oil prices is biting, oil services giant Schlumberger Ltd on Thursday said it will reduce spending this year by 25 percent and fire 9,000 workers worldwide, surprising investors with the size of the cuts. "There is total chaos and uncertainty and it is impacting the whole ecosystem," said Aamer Sarfraz, chief...

  • In a stark sign of how a sudden, 60 percent drop in oil prices is biting, oil services giant Schlumberger Ltd on Thursday said it will reduce spending this year by 25 percent and fire 9,000 workers worldwide, surprising investors with the size of the cuts. "There is total chaos and uncertainty and it is impacting the whole ecosystem," said Aamer Sarfraz, chief...

  • *Jefferies talks rescue deal with FXCM- source. NEW YORK, Jan 16- U.S. stocks bounced back after five sessions of losses on Friday along with a sharp rebound in energy shares, following data signaling the U.S. economy was on track for solid growth. Investors attempted to interpret the impact of the move by the Swiss National Bank on Thursday to lift the cap on the Swiss...

  • Jan 16- Schlumberger Ltd, the world's No.1 oilfield services provider, said the oil price drop was likely to have a "significantly more dramatic" impact on North America than on the rest of the world. Shares of Schlumberger, which derives two-thirds of its revenue from operations outside North America, rose as much as 5 percent to $80.79 on Friday.

  • Most active New York Stock Exchange-traded stocks Wednesday, 14 Jan 2015 | 1:43 PM ET

    NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alcoa Inc. fell 5.4 percent to $14.95 with 54,387,900 shares traded. Bank of America Corp. fell 2.5 percent to $16.04 with 154,316,300 shares traded.

  • Where to find opportunity in energy slump: Pros Tuesday, 13 Jan 2015 | 4:01 PM ET
    A tanker truck passes the Valero Energy Bill Greehey refinery in Corpus Christi, Texas, Oct. 4, 2012.

    With oil continuing to hit new lows, there are some good opportunities to make money in the energy sector, several pros told CNBC Tuesday.

  • NEW YORK, Jan 12- With nearly a quarter of U.S. energy shares' value wiped out by oil's six-month slide, investors are wondering if the sector has taken enough punishment and whether it is time to pile back in ahead of earnings reports later this month. "Things have changed a lot quicker than I thought they would," says Greg Doramus, sales manager at Orion Drilling in...

  • Matrix's Katz sees Qualcomm comeback Monday, 12 Jan 2015 | 5:30 AM ET
    Qualcomm signage and a shadow of CEO Steve Mollenkopf

    David Katz, member of Squawk Box's inaugural Portfolio Challenge, believes that Qualcomm and an energy giant will do well with oil's recovery.

  • NEW YORK, Jan 12- With nearly a quarter of U.S. energy shares' value wiped out by oil's six-month slide, investors are wondering if the sector has taken enough punishment and whether it is time to pile back in ahead of earnings reports later this month. "Things have changed a lot quicker than I thought they would," says Greg Doramus, sales manager at Orion Drilling in...

  • These are your favorite stocks right now: TD Monday, 5 Jan 2015 | 12:30 PM ET

    Retail investors stayed bullish on stocks heading into the new year, and picked these names as their favorites.

  • It's all about oil, the euro and a strong dollar Monday, 5 Jan 2015 | 10:43 AM ET
    A man walks by a euro sign light installation in Vilnius, Lithuania, on Dec. 31, 2014.

    If the weak euro, strong dollar and cheap oil persist, these commodities and stocks will predictably take a hit.

  • Energy sector earnings are seen down 19.6 percent in the fourth quarter, according to Thomson Reuters data; on Oct. 1, the consensus estimate was for growth of 6.4 percent. "It won't surprise anyone to see profits fall, so if you have no exposure this is a good time to step in," said Scott Wren, senior equity strategist at St. Louis- based Wells Fargo Advisors, which has an "...