Halliburton Co (HAL.N)
22 Mar 2019
A once-promising securities class action against Best Buy came to a whimpering end on Friday, when U.S. District Judge Donovan Frank of St. Paul, Minnesota, granted summary judgment to the electronics chain, which had been accused of misrepresenting its projected earnings in a conference call with analysts way back in 2010.
* IMF cuts global growth forecasts for the second time in 3 mths
Shares of oilfield firm Halliburton Co fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and a pledge to reduce 2019 spending.
Jan 22 Shares of oilfield firm Halliburton Co fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and a pledge to reduce 2019 spending.
Jan 22 Oilfield services provider Halliburton Co on Tuesday forecast a 20 percent lower capital expenditure in 2019 compared with a year earlier.
Jan 22 Oilfield services provider Halliburton Co reported a quarterly profit on Tuesday, compared with a loss for the same period a year ago when it set aside $1.05 billion for income tax payments related to a change in U.S. taxes.
WASHINGTON, Jan 14 The U.S. Supreme Court on Monday turned away a bid by U.S. troops sickened by smoke from open-air pits used to burn waste in Iraq and Afghanistan to revive a lawsuit against defense contractors KBR Inc and Halliburton Co.
On Friday, the U.S. Supreme Court agreed to review the 9th U.S. Circuit Court of Appeal’s ruling in Emulex v. Varjabedian, which revived a shareholder class action challenging the company’s disclosures in connection with its 2015 acquisition by Avago Technologies, a Broadcom subsidiary. On its face, as my Reuters colleague Lawrence Hurley reported, the case presents the narrow question of whether shareholders suing over allegedly deficient tender offer disclosures must allege fraud,
U.S. stocks closed lower in a shortened post-holiday trading session on Friday as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correction of 2018. | Video
BOSTON Oil prices slumped up to nearly 8 percent to the lowest in more than a year on Friday, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as major producers consider cutting output. | Video