Baker Hughes (BHI) Sees Q3 Restructuring Charge - CEO Craighead

September 7, 2016 10:39 AM EDT

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Baker Hughes (NYSE: BHI) Chairman and Chief Executive Officer, Martin Craighead is presenting at the Barclays CEO Energy-Power Conference today. In part, the company sees taking a restructuring charge in Q3 and expects to exceed its $500 million cost-cutting target in 2016.

BHI is also exploring ownership models for North America frack work.

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