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Stocks Schlumberger NV


  • Oct 19- Halliburton Co, the world's No.2 oilfield services provider, reported a bigger-than-expected 36 percent drop in quarterly revenue, hurt by weak drilling activity and pricing in North America. To make up for their falling revenue, oilfield services providers including Halliburton and Schlumberger Ltd have been cutting jobs and trimming expenses.

  • WASHINGTON, Oct 16- U.S. consumer sentiment rebounded strongly in early October, suggesting that the economic recovery remained on track despite headwinds from a strong dollar and weak global demand that have weighed on the industrial sector, particularly manufacturing. The University of Michigan said its consumer sentiment index rose to 92.1 in early...

  • Oct 16- Schlumberger Ltd, the world's No.1 oilfield services provider, said it would cut more jobs and restructure its manufacturing and distribution network as it now expects a recovery in demand to be pushed to 2017.. Schlumberger has already cut 20,000 jobs this year and scaled back spending in response to weak crude prices, moves that helped its...

  • WASHINGTON, Oct 16- U.S. industrial production fell for a second straight month in September on renewed weakness in oil and gas drilling, the latest indication that the economy lost momentum in the third quarter. Industrial output slipped 0.2 percent after a revised 0.1 percent dip in August, the Federal Reserve said on Friday. Economists polled by Reuters had...

  • Early movers: GE, HON, TMUS, STI, PWR, LULU & more Friday, 16 Oct 2015 | 8:05 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • SEOUL, Oct 16- Crude oil futures rose on Friday to snap a week-long fall, as U.S. gasoline and distillate inventories dropped more than expected. Brent's new front-month December contract had gained 44 cents, or 0.88 percent, to $50.17 a barrel by 0206 GMT, after ending up 4 cents at $49.73 a barrel. Brent's November contract finished down 44 cents at $48.71 a barrel on...

  • Oct 15- Schlumberger Ltd, the world's No.1 oilfield services provider, suggested that it may have to reduce costs further and cut more jobs as it expects any rebound in drilling activity to now take longer than expected. Even if crude prices improve next year, weak cash flows would curtail the ability of oil and gas companies to increase spending on exploration...

  • After-hours buzz: Mattel, Yum, Schlumberger & more Thursday, 15 Oct 2015 | 6:08 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Check out the companies making headlines after the bell Thursday: Mattel, Yum, Schlumberger & more.

  • Oct 15- Schlumberger Ltd, the world's No.1 oilfield services provider, reported a marginally better-than-expected quarterly profit, as deep cost cuts and efficiency improvements helped cushion the impact of weak North American drilling activity. That view was expressed by Schlumberger Chief Executive Paal Kibsgaard in September and reiterated on...

  • Schlumberger profit halves as drilling activity weakens Thursday, 15 Oct 2015 | 4:15 PM ET

    Oct 15- Schlumberger Ltd, the world's No. 1 oilfield services provider, reported a near 50 percent drop in quarterly profit, due to continued declines in drilling and completion activity. Net income attributable to the company fell to $989 million, or 78 cents per share, in the third quarter ended Sept. 30, from $1.95 billion, or $1.49 per share, a year earlier.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed more than 1 percent higher as financial stocks rallied and mostly soft economic data supported the case for a rate hike delay.

  • Halftime Report: What I'm Watching Into the Close Thursday, 15 Oct 2015 | 1:43 PM ET

    The "Halftime Report" traders give their trades for the second half.

  • *Nike up after strong outlook. Oct 15- U.S. stocks looked set to snap a two-day losing streak on Thursday after Citigroup led a recovery in financial stocks and investors absorbed mixed economic data. At 12:11 p.m. ET, the Dow Jones industrial average was up 43.82 points, or 0.26 percent, at 16,968.57, the S&P 500 was up 6.76 points, or 0.34 percent, at 2,001 and the...

  • *Goldman down, Citi up after results. Oct 15- Wall Street was higher on Thursday, boosted by a strong recovery in financial stocks after better-than-expected results from Citigroup and largely positive U.S. economic data. "points to not only the importance of earnings season and going beyond the reported numbers but, perhaps even more important, is the outlook and...

  • US futures higher as Street digests earnings, data Thursday, 15 Oct 2015 | 8:46 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a higher open, following global stocks higher on hopes that recent softness in data will push out a rate hike.

  • Investors search out good news in data, earnings Thursday, 15 Oct 2015 | 7:49 AM ET

    U.S. stock futures were higher this morning, despite Dow stock Goldman Sachs missing estimates on earnings and revenue.

  • *Citigroup and Goldman Sachs report before the bell on Thursday, rounding off major bank earnings this week. *Goldman Sachs shares were up 1.1 percent at $181.57 premarket, while Citigroup inched up 0.6 percent. *Charles Schwab also reports before the bell, while Schlumberger, Mattel and Advanced Micro Devices report after the close.

  • Traders searching out good news in data, earnings Wednesday, 14 Oct 2015 | 6:30 PM ET
    Shoppers pass through Herald Square in New York.

    Earnings season has started off with some weak corporate commentaries, despite the fact that most companies so far are beating on the bottom line.

  • Wall Street readies for earnings, more volatility Tuesday, 13 Oct 2015 | 4:46 PM ET
    A trader works on the floor of the New York Stock Exchange.

    As third-quarter earnings season gets underway next week, traders are bracing for more volatility in a range-bound market.

  • 4 stocks to watch ahead of earnings Monday, 12 Oct 2015 | 6:56 PM ET
    Delta Air Lines planes at John F. Kennedy Airport in New York.

    As earnings kick off, "Fast Money" traders looked at JPMorgan Chase, Delta Air Lines and other stocks that could pop after results.