news videos images websites

Baker Hughes Company News

Thu, 03 Nov 2016 08:52:28 GMT
Baker Hughes Inc. (BHI) Given “Hold” Rating at Evercore ISI  -  DailyQuint
Baker Hughes Inc. (NYSE:BHI)'s stock had its “hold” rating reiterated by Evercore ISI in a report released on Wednesday. They currently have a $60.00 price objective on the oilfield services provider's stock. Evercore ISI's target price would indicate ...
Thu, 03 Nov 2016 08:24:57 GMT
Kellner Capital LLC Reached $1102000 position of Baker Hughes Inc. (BHI)  -  DailyQuint
Kellner Capital LLC lowered its stake in Baker Hughes Inc. (NYSE:BHI) by 76.5% during the second quarter, Holdings Channel reports. The fund owned 24,428 shares of the oilfield services provider's stock after selling 79,572 shares during the period ...
Thu, 03 Nov 2016 07:06:28 GMT

GE-Baker Hughes deal underscores efficiency push: Fitch  -  Kallanish Energy (subscription)
The announced combination of GE's Oil & Gas business and oilfield services firm Baker Hughes is the latest in a series of transactions by oilfield services companies aimed at improving oilfield efficiency, according to Fitch Ratings. Fitch believes ...
Wed, 02 Nov 2016 23:29:14 GMT
GE takeover creates leading oilfield technology provider  -  Pipelines International
Baker Hughes has agreed to the terms of a takeover from GE's oil and gas business, creating a leading oilfield technology provider. The “new” Baker Hughes will have a combined revenue of US$32 million and provide equipment, technology, and services to ...
Wed, 02 Nov 2016 22:02:11 GMT
Is this Large Market Cap Stock target price reasonable for Baker Hughes Incorporated (NYSE:BHI)?  -  The Daily Leicester
The company in question is, Baker Hughes Incorporated (NYSE:BHI) currently with a stock price of 55.34 (-0.11% today). The market cap for Baker Hughes Incorporated is 23796.2, and is in the sector Basic Materials, and Oil & Gas Equipment & Services ...
Wed, 02 Nov 2016 21:17:00 GMT

General Electric CEO Immelt: Deal was a 'tremendously creative' transaction  -  Cosumnes Connection (subscription)
General Electric will own two-thirds of the newly formed Baker Hughes, control its leadership and include its results in GE's financial reports. Martin Craighead, chairman and CEO of Baker Hughes, hailed the deal on a conference call with investors Monday.
Wed, 02 Nov 2016 20:08:00 GMT

S&P 500 falls for seventh straight session  -  Reuters
Traders gather at the post where Baker Hughes Inc is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. October 31, 2016. REUTERS/Brendan McDermid/File Photo. NEW YORK The S&P 500 ended lower on Wednesday for a ...
Wed, 02 Nov 2016 19:56:21 GMT
Form 425 BAKER HUGHES INC Filed by: BAKER HUGHES INC  -  StreetInsider.com
In connection with the proposed transaction between GE and Baker Hughes, the new NYSE listed corporation (“Newco”) will prepare and file with the SEC a registration statement on Form S-4 that will include a combined proxy statement/prospectus of Newco ...
Wed, 02 Nov 2016 19:19:20 GMT

Baker Hughes Incorporated (NYSE:BHI) Analyst Opinion  -  The Independent Republic
Baker Hughes Incorporated (NYSE:BHI) stock is presently standing at about $55.34 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 32 analysts covering the company is $61.50, which ...
Wed, 02 Nov 2016 19:13:13 GMT

General Electric Bets Big on Oil... But Misses the Real Mark  -  Energy and Capital
Recently, while looking to optimize its operations, Baker Hughes struck a whole new kind of deal: it's being integrated into General Electric's Oil and Gas segment. Those of you who only know GE for its home appliances may be surprised to find out that ...