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Halliburton, IBM Earnings Today Kick Off Busy Week Of Corporate Reporting
Monday, October 19, 2020 - 9:42am | 2284Read More...It’s around the market in 80 earnings reports this week. While the flood of corporate results normally would soak up most of the attention, fiscal stimulus hopes pushed to the front of the line this morning. Things start with a firmer tone after weekend talks appeared to make progress, but we...
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Borderlands: Halliburton Lays Off 650 Workers; DHL Expands El Paso Freight Operations
Monday, October 14, 2019 - 12:00pm | 693Read More...Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Halliburton lays off 650 oil and gas workers; DHL expands cross-border operations; Carrier partners with Fr8Hub to expand Mexico shipping; Logistics firm opens new...
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Why Crude Oil Could Still Fall To $30 Per Barrel
Thursday, August 20, 2015 - 6:25am | 383Read More...Jack Litle was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Mercenary Trader CEO Jack Litle told Benzinga that the oil market is "very interesting." On Wednesday, the price of crude tumbled – with the United States...
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Will The Halliburton-Baker Hughes Merger Still Go Through?
Monday, July 13, 2015 - 8:33am | 270Read More...Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) announced that they extended the deadline date for the Department of Justice to review the two companies' proposed merger. The new date is November 25, 2015. James Schumm from Oppenheimer said in a report that the...
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#PreMarket Primer: Friday, November 14: Tensions At All-Time High For G20 Summit
Friday, November 14, 2014 - 7:22am | 1241Read More...Over the weekend, leaders from the "Group of 20" will meet in Australia to discuss global issues. The meeting is expected to highlight the growing tension between the West and Russia as accusations that Russia has ramped up its military presence in Ukraine weigh on political...
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Morgan Keegan Raises PT On Halliburton To $67
Monday, June 27, 2011 - 8:03am | 28Read More...Morgan Keegan has raised the price target on the Halliburton Company (NYSE: HAL) from $65 to $67 and maintains its Outperform rating.
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Bank of America Raises PO On Halliburton To $62
Wednesday, June 15, 2011 - 4:51am | 29Read More...Bank of America has raised the price objective on the Halliburton Company (NYSE: HAL) from $57 to $62 and maintains its Buy rating.
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Goldman Sachs Releases Price Target Summary
Tuesday, May 24, 2011 - 7:56am | 428Read More...According to Goldman Sachs, Cabot Oil & Gas (NYSE: COG) price target has been increased to $68.00 from $67.00. Estimates for the current year are $0.87. Cameron International (NYSE: CAM) price target has gone down to $69.00 from $73.00. Estimates for the current year are $2.60. Canadian Natural...
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Sterne Agee Lowers HAL 2011 Estimate
Tuesday, March 29, 2011 - 8:17am | 88Read More...Sterne Agee has lowered Halliburton Company's (NYSE: HAL) 2011 estimates. According to Sterne Agee, "Our EPS expectations are fully loaded with the Manifa expectations given our read-through from prior management comments regarding the long-awaited project; thus our 2012 outlook remains unchanged...
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Morgan Keegan Lowers HAL Q1'11 EPS Estimate
Tuesday, March 29, 2011 - 6:40am | 47Read More...Morgan Keegan is lowering its Q1'11 EPS estimate on shares of Halliburton Company (NYSE: HAL) from $0.64 to $0.58 “to take into account worse than normal seasonal weather impact and North Africa/Middle East disruptions.” Halliburton Company closed Monday at $47.90.
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OIS, CLB And TTI Top Jefferies' Energy Performers
Monday, February 14, 2011 - 7:48am | 180Read More...The Oil Service Index (OSX) closed the week at 269.70, up 0.7% on the week and up 10.0% YTD, Jefferies reports. The S&P 500 rose 1.4% on the week and is now up 5.7% YTD. “Last week, the top three performers in our coverage universe were Oil States International Inc. (NYSE: OIS) (+9.0%), Core...
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Dahlman Rose On Oilfield Services
Monday, December 20, 2010 - 8:34am | 294Read More...Dahlman Rose has published a research report on Oilfield Services and poses the question: is there a soft floor under natural gas prices? In the report, Dahlman Rose writes "Drawing from synergies with our Coal & Utilities and E&P teams, we see a potential debate emerging that favors...
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Oppenheimer Raises HAL Target From $42 To $49
Friday, December 17, 2010 - 10:23am | 127Read More...Oppenheimer is updating its numbers on Halliburton Company (NYSE: HAL) to account for QTD rig counts and recent discussions with the company. “The North American rig count continues to take the lead, averaging up 5% through early December, with gas rigs up ~1% QTD and oil rigs up 13.5%,”...
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Sterne Agee Raises SLB Price Objective To $103
Thursday, December 16, 2010 - 10:13am | 103Read More...Sterne Agee said today that Schlumberger N.V. (NYSE: SLB) is a top pick for 2011, and that as a result of that it, it is raising its price objective to $103. “This target would be a mere 8% below the all-time high, representing about 19x our revised 2012 EPS estimate of $5.35, which is up from $4....
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Halliburton Company Risks Need To Be Quantified And Discounted, Dahlman Rose & Co. Reports
Monday, November 1, 2010 - 8:18am | 102Read More...Following the government report, which cited Halliburton Company (NYSE: HAL) may have played a bigger part in the Macondo incident, the market shaved ~$2.3Bn of market cap. off of the stock, Dahlman Rose & Co. reports. “Given the National Commission's inference of negligence by HAL, litigation...
