Weatherford (WFT) Shares Tick Higher Upon Resumption
- Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm
- Apple in talks with Google to use generative AI in iPhones- Bloomberg
- World shares cheer China data, as central banks line up
- Oil prices climb 2% to 4-month high on lower Iraq, Saudi exports
- Meta Platforms is a new Top Pick at Mizuho, analyst sees upside to consensus
- After-hours movers: ANSYS, National CineMedia, and more
- Midday movers: Google, Pepsi rise; Boeing, Zillow fall
- Midday movers: Adobe, Zillow fall; Micron rises
- After-hours movers: Adobe Systems slumps; Rivian, Ulta Beauty gain
- Midday movers: Tesla, Nvidia fall premarket; Robinhood, Dollar General rise
Weatherford (WFT) Weakness Said Tied to Covenant Concerns
November 1, 2016 12:19 PM EDTWeatherford (NYSE: WFT) said to be under pressure today on covenant concerns. Shares are now halted, news pending. Last down 14%.
... MoreUPDATE: Weatherford (WFT) Trading Halted with News Pending; Analyst Notes Tightening Debt Levels
November 1, 2016 12:14 PM EDT(Updated - November 1, 2016 12:20 PM EDT)
Weatherford (NYSE: WFT) trading halted with news pending.
UPDATE - Wolfe Research said earlier today that Weatherford may need to conduct an equity raise and possibly divest assets.
In a note dated for yesterday, analyst Chase... More