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Schlumberger Limited. (NYSE:SLB) To Reduce Additional 11,000 Jobs

Schlumberger Limited. (NYSE:SLB) announced that it plans to cut an additional 11,000 jobs, after it announced job cuts of 9,000 back in January. The two job cuts sums the total number of job cuts to 20,000. The management said that in spite of the necessary preparations in 4Q, the company witnessed a fall in drilling […]

Halliburton Company (NYSE:HAL) Hires Bank of America Corp (NYSE:BAC) And Deutsche Bank AG (USA)(NYSE:DB) For Asset Sales

Halliburton Company (NYSE:HAL) reported that it hired Bank of America Corp (NYSE:BAC) and Deutsche Bank AG (USA)(NYSE:DB) for asset sales. The two banks will help the company in the sale of two businesses. The assets are valued around $5 billion collectively. The move Following its $35 billion merger deal with Baker Hughes Incorporated (NYSE:BHI) in […]

Pasquale Mazzuca Joins Heidrick & Struggles International, Inc. (NASDAQ:HSII) As Partner

Boston, MA 09/09/2014 (wallstreetpr) – According to reports, Heidrick & Struggles International, Inc. (NASDAQ:HSII) announced recently that Pasquale Mazzuca had joined the company as a partner. He will be based in Brussels and take care of Leadership Consulting practice department. HSII is one of the well-known firms in the field of executive search, culture shaping […]

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR): Reissuing Drilling Services Contract

Boston, MA 07/01/2014 (wallstreetpr) – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has reported a reduction in its rig fleet that is resulting in a drop in the suppliers margins. As a result, Petrobras is set to reissue a drilling services contract. It has plans to offer $2 billion in the so-called supply contracts. The specialty […]

Schlumberger Limited. (NYSE:SLB): Focus Toward Technology Transformation

Boston, MA 06/09/2014 (wallstreetpr) – Schlumberger Limited. (NYSE:SLB) introduced the GeoSphere technology for reservoir mapping along with the drilling services. The new process is a real time interpretation technique that tells the features of surface bedding and fluid contacts at the reservoir side so that it enables the landing operations, mapping of boundaries and steering capabilities. […]

Wall Street Briefing: Metlife Inc (NYSE:MET), Schlumberger Limited. (NYSE:SLB), Prospect Capital Corporation (NASDAQ:PSEC)

Boston, MA 05/30/2014 (wallstreetpr) – Metlife Inc (NYSE:MET) and Transamerica Corp have reached separate agreements with the State of Minnesota in which the companies will pay rightful proceeds from life insurance to Minnesota beneficiaries. As part of the agreement, the Minnesota Department of Commerce urged Metlife and its fellow insurance provider Transamerica to improve their […]

Schlumberger Limited. (NYSE:SLB) Upbeat Ahead Of Earnings

Boston, MA 04/16/2014 (wallstreetpr) – Schlumberger Limited. (NYSE:SLB) reports its fiscal 2014 first quarter Thursday. The release of the results will happen before the market opens. The management will hold a conference call to discuss the results on the same day. In the most recent reporting, the oilfield services company reported earnings per share in-line […]

Under The Spotlight: USA Mobility Inc (NASDAQ:USMO), EQT Midstream Partners LP (NYSE:EQM), Schlumberger Limited. (NYSE:SLB)

Boston, MA 04/01/2014 (wallstreetpr) – USA Mobility Inc (NASDAQ:USMO) which jumped more than 2 percent and established a new 52-week high during Monday trading reveals strengths which outweigh potential weaknesses. The company shows strength in revenue growth, stock price momentum, earnings per share and profit margins. The notable disappointment is the poor return on equity. In […]

All about Schlumberger Limited (NYSE:SLB)

Boston, MA 09/25/2013 (wallstreetpr) – In Tuesday’s trading session, Schlumberger Limited (NYSE:SLB) stock rose by 1.00%. The shares had an opening price of $87.42 which climbed to an intraday high of $88.52 and dropped to a close of $87.91. Approximately 5.6 million shares were traded on Tuesday while an average volume of 5.82 million shares were […]