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Showing 1 - 5 of 5 results for "Baker-Hughes"

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... BlackRock's position in General Electric, which in 2015 doubled down on thermal power by acquiring Alstom and Baker Hughes, has seen its market cap decline by US$150 billion. That investment led to a US$19 billion loss for BlackRock over three years. ...

Trump keeping M&A on a leash

ALEX BURKE  |  FRIDAY, 6 JAN 2017
... prior, including the US$34.5 billion Level 3/CenturyLink merger and General Electric's US$31.6 billion deal with Baker Hughes. The other region that may stifle M&A in 2017 is China, which the report said previously had a "seemingly unquenchable appetite ...

When?

BENJAMIN ONG  |  THURSDAY, 30 APR 2015
... home and off the shops. It's crude oil. The oil price slide has forced closures in the oil industry. According to Baker Hughes - "A top-tier oilfield service company with a century-long track record" - the US oil rig count totalled 734 as at 17 April ...

Market Wrap AM

AAP  |  WEDNESDAY, 21 JAN 2015
... per cent in 2016. Shares of oil companies and oil service firms sank in the morning, only to recover in late trade. Baker Hughes, which gave a sober outlook for the upcoming year after reporting quarterly earnings early in the day, finished up 1.1 per ...

Market Wrap AM

AAP  |  MONDAY, 17 NOV 2014
... the last session but the S&P 500 picked up enough, just 0.02 per cent, for a new record as a possible Halliburton-Baker Hughes merger sparked buying in the oil services sector. In local economic news on Monday, the Australian Bureau of Statistics releases ...
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