Baker Hughes Announces Third Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- Why this Wall Street strategist says the "trade is long gold"
- U.S. EV market shows signs of bottoming out: Bernstein
- Micron rises as White House presses Apple to avoid Chinese memory chips
- Wall Street indexes slip as oil prices rise, retail results awaited
- Oil settles up over $2 as Iran war stalemate stokes supply concerns
- Trump threatens to bomb Oman over Iran stance
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Micron rises as White House presses Apple to avoid Chinese memory chips
UPDATE: Cowen Upgrades Baker Hughes (BHI) to Outperform
October 26, 2016 6:40 AM EDT(Updated - October 26, 2016 7:53 AM EDT)
Cowen upgraded Baker Hughes (NYSE: BHI) from Market Perform to Outperform with a price target of $65. Analyst Marc Bianchi said evidence the company is able to execute will draw investors.
"We upgrade our rating to... More
Baker Hughes (BHI) Posts Smaller-than-Expected Q3 Loss
October 25, 2016 6:34 AM EDTBaker Hughes (NYSE: BHI) reported Q3 EPS of ($0.15), $0.30 better than the analyst estimate of ($0.45). Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.41 billion.
Our third quarter results demonstrate the progress we have made on our commitment to improve financial performance by reducing operational costs, optimizing our capital structure, and strengthening our full-service model while building broader sales channels for our products and technology, said Martin... More
