BHGE stock news

Baker Hughes US oil rig count 712 vs 710 prior

05:14pm, Friday, 11'th Oct 2019
First rise in 8 weeks ForexLive By Adam Button Read more
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by two to 712 this week. That followed declines in each of the last… Read more
U.S. energy firms this week reduced the number of oil rigs operating for a seventh week in a row as producers follow through on plans to cut spending on new drilling this year. Read more
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by three to 710 this week. That followed declines in each of the… Read more
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by six to 713 this week. That followed declines in each of the last… Read more
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil fell by 14 to 719 this week. That followed declines in each of the last… Read more

Baker Hughes US oil rig count 719 vs 733 prior

05:00pm, Friday, 20'th Sep 2019
Weekly rig count from Baker Hughes ForexLive By Adam Button Read more
Baker Hughes (BHGE) will eliminate references of General Electric Company (GE) from its name as the U.S. industrial conglomerate has lowered its ownership stake in the oilfield service firm. Read more
Shareholders didn’t cheer when GE dumped shares of Baker Hughes, but analysts probably did. Read more
Baker Hughes a GE Co. said Monday it closed a secondary offering of 132.25 million Class A shares by General Electric Co. and certain affiliates at a price… Read more
Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil declined by five to 733 this week. That followed three consecutive… Read more
These are the stocks posting the largest moves before the bell. Read more
GE will sell about $3 billion of Baker Hughes stock, a move that would take it from a majority owner, with just over a 50% stake in the company, to a minority one. Read more
General Electric's (GE) offering of Baker Hughes' shares to the public and Baker Hughes' decision to buy back own shares will likely raise roughly $3 billion. Funds will help in reducing debts. Read more
Stocks rose on Wednesday as Apple's gains helped tech shares snap a three-day losing streak. The iPhone manufacturer rose to an 11-month high after releasing a slew of new products during its annual September keynote. President Trump said in a tweet on Wednesday that Federal Reserve officials were "Boneheads" and suggested the central bank should push US interest rates below zero. Visit the Markets Insider homepage for more stories . Stocks climbed on Wednesday as tech shares led by Apple snapped a three-day losing streak. Shares of Apple rose as much as 3.2% to an 11-month high after unveiling a trio of new iPhones and other hardware products at its annual September launch event. The company also said its upcoming streaming platform will cost $4.99, undercutting many of its soon-to-be competitors. President Trump resumed pressure on the US Federal Reserve to lower rates on Wednesday, calling the central bank's officials "Boneheads." "The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt," the president wrote in a tweet on Wednesday . "INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. Read more

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