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0.000354906054279849 0.00138308977035502 0.000782881002087712 0.000782881002087712 -0.00678496868475986 -0.00835073068893529 -0.00782881002087675 -0.0135699373695197
Stock impact report

UPDATE 3-Schlumberger takes over $12 bln charge as CEO charts new course [Reuters]

Halliburton Company (HAL) 
Last halliburton company earnings: 4/20 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.halliburton.com
Company Research Source: Reuters
Schlumberger takes over $12 billion charge as CEO charts new course (Reuters) - Schlumberger NV’s ( SLB.N The move by Olivier Le Peuch reverses his predecessors’ big investments that took the world’s largest oilfield services company deeper into shale and oilfield operations and shows that he intends to shift the company toward more software and services-driven arms. The charge pushed the company to post a more than $11 billion loss, its largest ever. Excluding the charge, the company’s profit beat Wall Street estimates as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America. Shares of the company rose 2.8% in early trading and were the biggest boost to the S&P’s energy index. A cut in spending by oil and gas producers has hit North America pressure pumping business the hardest, forcing rival Halliburton Co ( HAL.N PUMP.N The charge included $1.58 billion related to the pressure pumping business in North Amer Show less Read more
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