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Halliburton Co

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  • *Says transaction values Baker Hughes at $78.62 per share as of november 12, 2014. *Says deal to be accretive to HALLIBURTON cash flow by the end of year one. *Halliburton and Baker Hughes reach agreement to combine in stock and cash transaction valued at $34.6 billion.

  • Halliburton to buy Baker Hughes for $34.6 bln Monday, 17 Nov 2014 | 6:56 AM ET

    Nov 17- Halliburton Co, the world's second-largest oilfield services provider, said it would buy smaller rival Baker Hughes Inc for about $34.6 billion in cash and stock. Halliburton said the offer was worth $78.62 per Baker Hughes share, based on Halliburton's closing on Nov. 12. The offer is a 31 percent premium to Baker Hughes' Friday close on the New York Stock...

  • NEW YORK— Halliburton buys Baker Hughes for $78.62 per share, creating massive oilfield services company.

  • Japan stocks rise on hopes for new stimulus Monday, 17 Nov 2014 | 1:58 AM ET

    The latest milestone for the S&P 500 came on a day when the major U.S. stock indexes mostly hovered between small gains and losses as investors weighed the implications of an economic slowdown in Japan that worsened in the third quarter into a recession. "Japan definitely started us on a bit of a negative tone with the economy back into recession," said Chris...

  • Baker Hughes: Halliburton aims to replace board Friday, 14 Nov 2014 | 10:07 PM ET

    HOUSTON— Oilfield-services company Baker Hughes Inc. said Friday that rival Halliburton Co. plans to nominate candidates to replace the entire board of directors of Baker Hughes after negotiations about a possible acquisition stalled. Baker Hughes said that Halliburton has refused to raise its first and only offer to buy it, which the Baker Hughes board...

  • Nov 14- Oilfield services provider Halliburton Co is seeking to replace the board of smaller peer Baker Hughes Inc, as merger talks between the companies stalled. Baker Hughes said late on Friday that it had rejected Halliburton's initial proposal, which was made more than a month ago, in a deal that would create $2 billion in synergies after divestitures.

  • NEW YORK, Nov 14- Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said. The Baker Hughes/ Halliburton talks have stalled after the companies weren't able to agree on issues including...

  • Nov 14- Oilfield services provider Halliburton Co is mulling a hostile bid for smaller peer Baker Hughes Inc after the latter pulled out of talks on Friday, two people familiar with the discussions said. Halliburton first approached Baker Hughes more than a month ago and considered making an unsolicited bid because Baker Hughes was reluctant to engage, a third...

  • BOSTON, Nov 14- Some of the hedge fund industry's most respected firms made bigger bets on a wide swatch of energy companies during the third quarter only to watch the stocks get pummeled by falling crude oil prices. Robert Citrone's Discovery Capital Management raised its holding in Texas oil driller Diamondback Energy by 20 percent to own 1.4 million shares...

  • Cramer Remix: This coming event disturbs me Friday, 14 Nov 2014 | 7:12 PM ET

    "Mad Money" host Jim Cramer thinks next week could depend on this one event, and warns to steer clear of the short game.

  • Surge is over, but this is what's next for stocks Friday, 14 Nov 2014 | 6:56 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks could keep up their slow march higher in the coming week as energy and the consumer remain top themes for the economy and markets.

  • Cramer: Don't be crude, short sellers, be shrewd Friday, 14 Nov 2014 | 6:43 PM ET
    A Halliburton worker walks through an Anadarko Petroleum Corporation hydraulic fracturing site north of Dacono, Colo., Aug. 12, 2014.

    Jim Cramer tells a cautionary tale of the short-sellers in oil. Don't overstay your welcome, before you get burned, too!

  • Halliburton-Baker Hughes merger talks stall: Rpt Friday, 14 Nov 2014 | 5:37 PM ET
    A Halliburton Co. worker walks through an Anadarko Petroleum Corp. hydraulic fracturing (fracking) site north of Dacono, Colorado.

    A report said talks between Baker Hughes and Halliburton have stalled, but that Halliburton may be considering a hostile offer.

  • Halliburton and Geron are big market movers Friday, 14 Nov 2014 | 4:29 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Halliburton Co., up $1.29 to $55.08. Hertz Global Holdings Inc., down $1.04 to $21.69.

  • Stocks end little moved; benchmarks up for 4th week Friday, 14 Nov 2014 | 4:14 PM ET
    Trader on the floor of the New York Stock Exchange.

    Stocks stepped slightly higher Friday, with investors tracking the price of oil.

  • Nov 14- The proposed merger of oilfield service companies Halliburton Co and Baker Hughes Inc would create a serious challenger to Schlumberger NV in international markets and cement the two companies' dominance in North America. A combined Halliburton-Baker Hughes would have combined revenue of about $52 billion, based on 2013 results, outstripping...

  • Most active New York Stock Exchange-traded stocks Friday, 14 Nov 2014 | 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. 8 percent to $35.90 with 20,166,700 shares traded. Baker Hughes Inc. rose 1.9 percent to $59.89 with 33,748,400 shares traded.

  • Nat gas inventories up 40 BCF     Friday, 14 Nov 2014 | 10:30 AM ET

    CNBC's Jackie DeAngelis reports weekly natural gas inventories climbed 40 billion cubic feet.

  • Baker Hughes & Halliburton: Why now?     Friday, 14 Nov 2014 | 10:07 AM ET

    CNBC's Jackie DeAngelis takes a close look at the potential energy deal between Baker Hughes and Halliburton, and discusses the obstacles the companies will likely face.

  • *Baker Hughes confirms merger talks with Halliburton. *Geron jumps on licensing deal with Johnson& Johnson. NEW YORK, Nov 14- U.S. stocks opened flat on Friday, with the S&P on track for a fourth straight weekly advance, after data on retail sales and ahead of a report on consumer sentiment.