US shale growth boosts Halliburton Company's second quarter but shares fall
Halliburton Company is the third biggest oil services group in the world
Company
NYSE:HAL
Halliburton Company is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, the company creates innovative technologies, products and services that help its customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future.
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Halliburton Company is the third biggest oil services group in the world
A look at the pre-market movers and shakers before the bell..
A Reuters report stated that Halliburton and Summit have been in ‘on and off’ talks over the course of the last year.
Whilst the North American market is seeing an increase in activity, the company noted that seasonal weakness in international business was exacerbated by ‘cyclical headwinds’.
Wall Street shares are set to blast higher on Monday..
Halliburton on Monday reported a US$149mln loss from continuing operations for the fourth quarter of 2016.
US stocks closed lower on Monday, failing to show much upside all session as President Donald Trump demonstrated that trade protectionism would be the heart of his policy and with tech stocks dominating the downside
US stocks ended Tuesday right back where they started, as falling oil prices and forecasts of heightened American fuel output this year, wiped out initial gains on the bourse
US stocks closed higher on Wednesday, lifted by solid earnings from bank Morgan Stanley (NYSE:MS) and oil services provider Halliburton (NYSE:HAL) as well as a jump by oil prices in the wake of shrinking inventories in the world’s biggest e
Two of the sectors largest industrial gas suppliers have held talks, with rumours of a merger
Up, up and away as Wall Street notched up fresh record highs on Wednesday, and after-hours earnings from online auction house eBay set the market up for a higher start the next day
US shares were higher at midsession Wednesday after a clutch of upbeat earnings reports and buoyant oil prices in the face of draining fuel stockpiles
Analysts had anticipated a 19 cents per share loss for the quarter, but, the actual figure stood at 14 cents.
US markets and exporters begin the month with what some might dub a new Currency War, after the US Treasury provocatively includes Germany - the jewel in the euro - on its new forex watchlist
Following its results yesterday, oilfield services giant Baker Hughes came under broker scrutiny today with Argus, upgrading the shares to 'buy' from 'hold'.
CEO expects further reductions in activity, pricing pressures throughout the remainder of the year.
Halliburton and Morgan Stanley disappointed with their respective third quarter earnings