BHGE News and Press, Baker Hughes a GE company Class A From 09/11/19

Baker Hughes ( BHGE -7.6% ) falls and General Electric ( GE +2% ) rises after GE cuts its ownership stake to ~39.5% from 50.3% via BHGE's repurchase of $250M of its class B common stock and GE's secondary offering of 105M class A shares. More news on: Baker Hughes, a GE company, Gene...

Wednesday morning saw nice advances for most stock market indexes. Market participants responded favorably to news that the Chinese government might choose to lift its tariffs from certain types of products exported from the U.S. In addition, tepid inflation data seemed to give the Federal Reser...

This is shaping up to be a good week for after-hours traders. Yesterday's post-market scene was full of late-breaking news, and it's the same for tonight. We have new developments from a high-profile company that's soon to launch its initial public offering (IPO), a famous name selling out of w...

Baker Hughes (NYSE: BHGE ) -3.5% after-hours on news that General Electric (NYSE: GE ) and other affiliates commenced a secondary offering of 105M BHGE class A common shares and would sell $250M in class B shares back to BHGE. More news on: Baker Hughes, a GE company, General Electric ...

Baker Hughes, a GE company (NYSE: BHGE or the “Company”) announced today that General Electric Company (“GE”) and GE Oil & Gas US Holdings I, Inc., GE Holdings (US), Inc. and GE Oil & Gas US Holdings IV, Inc. (collectively, together with GE, the “sel...

Baker Hughes, a GE company (NYSE: BHGE) announced today that the Baker Hughes international rig count for August 2019 was 1,138, down 24 from the 1,162 counted in July 2019, and up 130 from the 1,008 counted in August 2018. The international offshore rig count for August 2019 was 244, down 11...

Shares of General Electric   (NYSE: GE) fell 21.1% in August, according to data from  S&P Global Market Intelligence , after a prominent financial critic declared the company "a bigger fraud than Enron." That's a powerful accusation, and one that certainly got investors' attent...

It's been a bit of a roller-coaster year for energy services giant Baker Hughes, a GE Company (NYSE: BHGE) and its shareholders. After the stock rallied around 30% at the start of 2019, it has since fallen over 20% from its highs. For the year it is up in the low single digits, but still o...

Shares of major oilfield services companies fell by double digits in August, according to data provided by S&P Global Market Intelligence . These included industry bigwigs  Schlumberger  (NYSE: SLB) (down 18.9%),  Baker Hughes, a GE Company  (NYSE: BHGE) (down 14.6%)...

Patterson-UTI (NASDAQ: PTEN ) has no plans to invest in electric hydraulic fracturing fleets, citing the high cost of building equipment and the oversupplied pressure pumping market, CEO Andy Hendricks says. More news on: Patterson-UTI Energy, Inc., Baker Hughes, a GE company, Energ...