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National Oilwell Varco Inc

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  • 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...

  • Stock market up, but there's underlying weakness Thursday, 30 Oct 2014 | 1:22 PM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks are up despite weak market internals. Much of the Dow's gain is due to Visa and utilities are leading the S&P 500.

  • Oct 30- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said orders at a unit that make rigs and drilling components fell 60 percent, overshadowing a better-than-expected quarterly profit. Orders in National Oilwell's rig systems segment, which accounts for nearly half its total revenue, fell to $1.34 billion in the third quarter from...

  • The devil is in the details on Q3 GDP upgrade Thursday, 30 Oct 2014 | 10:15 AM ET
    Traders on the floor of the New York Stock Exchange.

    The Federal Reserve upgraded its outlook for the U.S. economy, but business and real estate investment and personal consumption dropped.

  • Oct 30- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 10 percent rise in quarterly profit as its rig systems business readied more oil and gas wells for production. Land drillers Nabor Industries Ltd and Patterson-UTI Energy Inc reported a jump in revenue last week, helped by increased drilling activity.

  • Oct 30- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 10 percent rise in quarterly profit, helped by strong performance in its rig technology business that readies oil and gas wells for production. Net income attributable to the company rose to $699 million, or $1.62 per share, in the third quarter ended Sept. 30, from $636...

  • Where a 4-star manager sees value in stocks Monday, 27 Oct 2014 | 1:28 PM ET
    The Microsoft Corp. logo is displayed at a launch event for the company's Windows 8.1 operating system in Tokyo.

    A couple of old-tech stocks offered a good deal of value, portfolio manager Matthew McLennan says.

  • Earnings picture in the energy sector looks grim Monday, 27 Oct 2014 | 5:23 AM ET
    Traders work on the floor of the New York Stock Exchange.

    After energy shares led the recent stock market selloff, investors are eyeing earnings to see if the sector can pull itself out of the pit.

  • Profit growth expectations for S&P 500 energy companies have fallen more than any other sector- from a forecast of 13.8 percent on July 1 to the current 1.8 percent, Thomson Reuters data showed. With various names due to report next week, including Exxon Mobil, Chevron, ConocoPhillips and National Oilwell Varco, there are hopes that executives will suggest that...

  • Dearth of oil finds threatens long-term supplies, price Wednesday, 27 Aug 2014 | 8:48 AM ET

    STAVANGER, Norway, Aug 27- The rate of oil discoveries continues to disappoint after a record low last year and firms could even cut their exploration budgets to save on costs, a risk to long-term supplies and prices, industry executives said.

  • New energy company attracts Cramer’s attention Wednesday, 20 Aug 2014 | 6:43 PM ET
    Natural gas pipelines

    If you’re looking for niche play on the energy renaissance, Cramer thinks this stock may belong on your radar.

  • NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc disclosed a new $366 million stake in cable TV operator Charter Communications Inc and pared its holdings in two other pay-TV companies, part of a flurry of changes in its stock investments during the second quarter. DirecTV is awaiting regulatory approval to sell itself to AT&T for $48.5 billion.

  • Buffett's Berkshire adds Charter Comm. stake Thursday, 14 Aug 2014 | 4:13 PM ET
    Berkshire Hathaway Chairman and CEO Warren Buffett arrives at the Berkshire Hathaway shareholders meeting in Omaha, Neb.

    Warren Buffett's Berkshire Hathaway added Charter Communications to its stock holdings during the second quarter.

  • Cramer: Dozens of stocks that could work higher Monday, 4 Aug 2014 | 6:56 PM ET

    Cramer likes to review the S&P 500’s Daily Action Charts in an effort to find stocks that could work higher.

  • July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, forecast falling demand for deepwater rigs, overshadowing robust demand for jack-up rigs, used in shallower waters, as well as land rigs.

  • July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a better-than-expected rise in profit for the fourth quarter in a row due to higher margins in its rig systems business.

  • July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 17 percent rise in quarterly profit, helped by higher demand for its rig systems. Net income attributable to the company rose to $619 million, or $1.44 per share in the second quarter ended June 30, from $531 million, or $1.24 per share, a year earlier.

  • Cramer’s favorite ‘Delivering Alpha’ stock ideas Wednesday, 16 Jul 2014 | 6:22 PM ET
    Jim Cramer on Mad Money.

    Cramer loves stock ideas. And he found more than his fair share at CNBC’s “Delivering Alpha” conference on Wednesday.

  • Your first trade for Thursday Wednesday, 16 Jul 2014 | 1:13 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Larry Robbins: Companies should borrow big Wednesday, 16 Jul 2014 | 12:02 PM ET
    Larry Robbins, Founder, Portfolio Manager and Chief Executive Officer, Glenview Capital Management

    Larry Robbins' big idea for companies is debt—loads of debt at a time when rates are still low but ready to rise.