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Stocks Schlumberger NV

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  • WASHINGTON, Aug 27- The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year. Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month, the Commerce...

  • WASHINGTON, Aug 27- The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year. Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month, the Commerce...

  • Oshkosh and Abercrombie are big market movers Wednesday, 26 Aug 2015 | 4:25 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Cameron International Corp., up $17.46 to $59.93. Syngenta AG, down $10.58 to $67.51.

  • Stocks leap about 4% in recovery, best day since 2011 Wednesday, 26 Aug 2015 | 4:00 PM ET
    NYSE New York Stock Exchange traders markets

    U.S. stocks shot higher on Wednesday, rebounding from six consecutive days of declines that pushed the major averages into correction territory.

  • *Cameron International soars on Schlumberger deal. Aug 26- Wall Street rallied more than 3 percent on Wednesday afternoon as fears about China's economy gave way to bargain hunters emboldened by expectations the U.S. All 10 major S&P 500 sectors were up, led by the technology index's 4.3 percent gain, raising expectations that Wall Street could snap a six-day...

  • US STOCKS-Wall St off highs as China worries persist Wednesday, 26 Aug 2015 | 1:07 PM ET

    *Cameron International soars on Schlumberger deal. Aug 26- U.S. stocks lost much of their early gains in afternoon trading on Wednesday as ongoing worries about China's economy outweighed the apparently receding chance of a U.S. rate hike in September. In the clearest indication yet that market ructions could affect U.S. monetary policy, New York Fed President...

  • These stocks are surviving the selloff—here's why Wednesday, 26 Aug 2015 | 12:56 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Amid a massive slide for stocks, here's what's helped some names keep their heads above water.

  • WASHINGTON, Aug 26- A gauge of U.S. business investment plans recorded its largest increase in just over a year in July, suggesting the United States was in good shape to withstand growing strains in the global economy. The Commerce Department said on Wednesday non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending...

  • US STOCKS-Wall St up on data, may end 6-day losing streak Wednesday, 26 Aug 2015 | 11:25 AM ET

    *Cameron International soars on Schlumberger deal. Aug 26- U.S. stocks rose in morning trading on Wednesday, helped by stronger-than-expected durable goods data, raising hopes that Wall Street will snap its six-day losing streak. Apple Inc provided the biggest boost to the three major U.S. indexes.

  • Cramer: Markets should behave now Wednesday, 26 Aug 2015 | 10:53 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Despite Tuesday's plunge less than an hour before the closing, Cramer said that a few factors could make for more stable markets on Wednesday.

  • *All major S&P sectors up. *Cameron International soars on Schlumberger deal. Aug 26- U.S. stocks opened sharply higher on Wednesday, with all three major indexes up about 2 percent, after data showed durable goods orders rose more than expected in July.

  • Why Schlumberger deal works: Analysts Wednesday, 26 Aug 2015 | 9:55 AM ET
    A man walks past the Schlumberger Ltd. booth at the DUG Eagle Ford Conference & Exhibition in San Antonio, Texas. (File Photo).

    Schlumberger's $14.8 billion acquisition of oil equipment manufacturer Cameron International is a good deal for both parties, analysts tell CNBC.

  • Early movers: CAM, EXPR, NKE, GRUB, GOOGL, TM & more Wednesday, 26 Aug 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.

  • US STOCKS-Futures rise but uncertainty remains Wednesday, 26 Aug 2015 | 7:44 AM ET

    Aug 26- U.S. stock index futures were sharply higher on Wednesday, a day after a rally on Wall Street fizzled as concerns about China's economy overwhelmed a bout of bargain-hunting. * "These type of swings are typical when the market behaves in a way that is a real test of nerves and there is a lot of ongoing uncertainty," said Peter Cardillo, chief market economist at...

  • Schlumberger buying Cameron International in $12.71B deal Wednesday, 26 Aug 2015 | 6:45 AM ET

    HOUSTON— Schlumberger is buying Cameron in a cash-and-stock deal valued at about $12.71 billion that would create an oilfield equipment and service powerhouse. Schlumberger and Cameron put the acquisition's total value at $14.8 billion. "We believe that the next industry technical breakthrough will be achieved through integration of Schlumberger's...

  • Top investor: 14 stocks for the selloff Monday, 24 Aug 2015 | 6:00 AM ET
    A pedestrian passes an AT&T store in New York.

    David Katz, who oversees $960 million for the Matrix Advisors Value Fund, is finding bargains across the board during the market selloff.

  • WILLISTON, N.D., Aug 19- Oilfield service companies eager for work amid plunging crude oil prices have until the end of Wednesday to bid for a guaranteed job: plugging a North Dakota well abandoned by a producer closing up shop in the No. 2 U.S. oil patch. Whichever oilfield service company does the plugging, be it Halliburton Co, Schlumberger NV or another firm, the job...

  • Sell this stock on oil rally: Trader Monday, 10 Aug 2015 | 3:17 PM ET
    Trader on the floor of the New York Stock Exchange.

    Energy stocks got a boost Monday as crude oil saw its best one-day gain since July 9. But one trader warns the rally won't last.

  • HOUSTON, Aug 7- Business is so tough for oilfield giants Schlumberger NV and Halliburton Co that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years. At Halliburton, some of the capital to finance the sales will come from $500 million in backing from asset manager BlackRock, part of a wave of alternative finance...

  • *Average hourly earnings rise 5 cents; work week up. WASHINGTON, Aug 7- U.S. employment rose at a solid clip in July and wages rebounded after a surprise stall in the prior month, signs of an improving economy that opened the door wider to a Federal Reserve interest rate increase in September. Nonfarm payrolls increased 215,000 last month as a pickup in construction...