Halliburton profit falls 32% on weak North America drilling
Oilfield services provider Halliburton Co reported a 32% slump in quarterly profit on Monday, hit by a slowdown in shale drilling in North America, its biggest market.
Oilfield services provider Halliburton Co reported a 32% slump in quarterly profit on Monday, hit by a slowdown in shale drilling in North America, its biggest market.
Wall Street looked set to start the week on an upbeat note on Monday, as investors hoped for progress in resolving the U.S.-China trade war, but a fall in Boeing's shares kept a lid on early gains.
Investment Executive | Maddie Johnson | Oct 16, 2019 C.D. Howe calls for more regulatory barriers to be removed For years, Canada’s productivity growth has lagged many of its international peers, according to an upcoming report from the C.D. Howe Institute. And the financial services sector could play a vital role in reversing the trend.
Unizo Holdings said Monday it would continue talks with Blackstone Group and SoftBank-backed Fortress Investment Group on a potential takeover, raising the possibility of a bid battle between the two global buyout firms.
World shares rose on Monday, as hopes for resolving the U.S.-China trade war and a belief that Britain will avoid a disorderly exit from the European Union gave investors cause for riskier bets.
Some Wall Street analysts are starting to throw in the towel on Boeing after keeping buy ratings on the stock throughout the 737 Max debacle.
Companies are reining in their spending, especially when it comes to buybacks, and it could have a big impact on the direction of stocks.
Four drug companies reached a last-minute legal settlement over their role in the opioid addiction epidemic, a source said on Monday, just as a nine-week trial was scheduled to start in Cleveland.
Halliburton Co reported a bigger-than-expected 10% drop in quarterly revenue on Monday, as the oilfield services provider battled lower demand from shale oil producers in North America, its biggest market.
Drug maker Teva Pharmaceutical Industries Inc and the three biggest U.S. drug distributors reached a settlement on Monday to avoid a trial over their role in the opioid addiction crisis, a source said on Monday.
Boeing Co may have to book billions of dollars in additional charges, two brokerages said on Monday, following latest developments around the planemaker's grounded 737 MAX jet that calls into question the timing of the aircraft's return to service.
On Monday, two Ohio counties will face off in a U.S. courtroom with five companies they accuse of fueling the nationwide opioid epidemic. The counties are seeking billions of dollars to cover the cost of addiction treatment programs, healthcare and other services.
Opioid deaths in the United States have soared over the last two decades, driving a wave of litigation against drugmakers and distributors.
Smith+Nephew Plc Chief Executive Namal Nawana is stepping down after just 17 months in the role after becoming dissatisfied with his salary at the medical device maker.
Raymond James raised its price target on Apple to $280 from $250 per share, ahead of earnings next week.