Halliburton (HAL) PT Lowered to $64 at Deutsche Bank; Reiterates Buy
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Halliburton warns of first-quarter profit miss as costs rise
March 24, 2017 10:04 AM EDT(Reuters) - Halliburton Co (NYSE: HAL), the world's No. 2 oilfield services provider, warned that its first-quarter profit would likely miss analysts' expectations due to higher costs and weak demand in markets outside North America.
Shares of the company, which forecast higher revenue from its U.S. land operations, were up about 1 percent in early trading on the New York Stock Exchange.
The company expects... More
