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Schlumberger NV

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  • 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...

  • 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...

  • Playing oil's price drop: 22 trades, 79 seconds Thursday, 13 Nov 2014 | 8:06 PM ET
    Traders on the floor of the New York Stock Exchange.

    The drop in crude oil prices provided a variety of plays, the "Fast Money" traders said.

  • HOUSTON/ NEW YORK Nov 13- Oilfield services provider Baker Hughes Inc said on Thursday it is in preliminary merger talks with its larger rival Halliburton Co, though any potential deal would likely face antitrust concerns. Two people familiar with the matter, who spoke on condition of anonymity, said Halliburton was looking to buy Baker Hughes, in what would be...

  • Nov 13- Oilfield services provider Halliburton Co and rival Baker Hughes Inc are in preliminary talks on a potential merger, Baker Hughes said in a statement on Thursday. The statement said the discussions "may or may not lead to any transaction" but two people familiar with the matter said Halliburton was in talks to buy Baker Hughes. "Baker Hughes Incorporated...

  • Your first trade for Friday Thursday, 13 Nov 2014 | 6:01 PM ET

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

  • Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, a person familiar with the matter said on Thursday, but any potential deal could run into antitrust concerns. Officials at Baker Hughes and Halliburton, both based in Houston, declined to comment on the talks, which were first reported by Dow Jones and in The Wall Street...

  • The unexpected risks of oil's sharp decline Thursday, 13 Nov 2014 | 4:58 PM ET
    Orion Drilling's Perseus drilling rig near Encinal in Webb County, Texas.

    On Thursday, again, the price of oil tumbled with the spot price slipping below $75 a barrel; that’s a four-year low.

  • Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, Dow Jones reported on Thursday, citing unidentified sources. Baker Hughes declined to comment while Halliburton representatives could not immediately be reached for comment. Baker Hughes shares were halted in New York Stock Exchange trading due to volatility.

  • Letter from North Dakota: The Oil Party Rocks On Thursday, 13 Nov 2014 | 12:06 PM ET

    WILLISTON, N.D., Nov 13- Falling oil prices have spooked Wall Street and even parts of Texas. But in North Dakota's booming oil patch, the crude-fueled party carries on. "The oil price drop is a topic of discussion here," said Joel Lundeen, an owner of The Bakken Club, a $5,000 initiation fee dining establishment in Williston, the de facto capital of the state's oil boom "But...

  • Lightning Round: Diamond Offshore, Melco Crown & more Thursday, 30 Oct 2014 | 7:35 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Oct 21- As fracking accelerates in North American shale fields, oilfield services providers Halliburton Co and Baker Hughes Inc are stockpiling sand to protect themselves against rising costs and are buying more railcars to transport the haul. Halliburton, the world's largest provider of fracking services, is more than doubling its railcar fleet and...

  • Oct 20- Halliburton Co, the world's No.2 oilfield services provider, said there were no signs of a slowdown in drilling activity despite the recent 25 percent fall in oil prices. Halliburton's shares rose about 2.5 percent in early trading after the company reported a better-than-expected quarterly profit and raised its quarterly dividend.

  • Halliburton profit beats as drilling stays strong Monday, 20 Oct 2014 | 10:27 AM ET
    A derrick hand works on an oil rig drilling into the Bakken shale formation outside Watford City, N.D.

    Halliburton reported a better-than-expected profit, helped by buoyant shale drilling activity in North America.

  • Oct 20- Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected quarterly profit, helped by buoyant shale drilling activity in North America. Halliburton, which derives about half of its revenue from North America, also benefited from higher revenue in its international operations. Halliburton's revenue rose about 18...

  • *GE, Honeywell climb after quarterly results. NEW YORK, Oct 17- U.S. stocks extended their rebound from this month's bruising selloff on Friday, giving the S&P 500 its best day in over a week, as worries about the U.S. earnings outlook eased, but the S&P 500 still posted its fourth straight week of declines. Honeywell shares gained 4.3 percent to $90.06 after results.

  • *GE, Honeywell climb after quarterly results. The Russell 2000 index was down 0.1 percent after posting Thursday its longest streak of more than 1 percent gains since July 2012. Honeywell shares gained 5 percent to $90.66 after its quarterly results, to help send the S&P industrials sector up 2.3 percent as the best performing S&P sector.

  • For Ninja shoppers, market full of value: Pro Friday, 17 Oct 2014 | 3:17 PM ET

    A top portfolio manager tells CNBC that he's done more buying this week than he's done in years.

  • *GE, Honeywell climb after quarterly results. The Russell 2000 index was down 0.3 percent after posting Thursday its longest streak of more than 1 percent gains since July 2012. Honeywell shares gained 4.3 percent to $90.07 after its quarterly results, to help send the S&P industrials sector up 2.3 percent as the best performing S&P sector.

  • General Electric shares rose 3.4 percent to $25.07 after the company reported third-quarter earnings that topped analyst expectations, pushing the S&P industrial sector up 1.8 percent. Fellow industrial Honeywell shares gained 4.1 percent to $89.27 after its quarterly results, to help send the S&P industrials sector up 2.3 percent as the best performing...