HOUSTON & LONDON--(BUSINESS WIRE)--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), ...
OKLAHOMA CITY — General Electric’s oil and gas business and Baker Hughes Inc. have agreed to merge in a deal that would combine GE’s technology and research with Baker Hughes’ oil field services ...
General Electric’s new oilfield services behemoth is poised to capitalize on a recovery from the worst crude crash in a generation — except no one is sure when that will actually happen. The merger of ...
GE stock closed Monday at $27.45 and is down 13.13% year to date, versus a 8% rise in the S&P 500 Index and ranking as the second worst-performing stock on the Dow Jones Industrial Average. Only ...
General Electric Co.'s oil and gas business and Baker Hughes Inc. announced in late October their agreement to create a global oilfield technology giant with $32 billion of combined revenue and ...
NEW YORK (AP) — General Electric and Baker Hughes are joining their oil and gas businesses to create a powerful player in an energy sector buffeted by years of weak prices. The deal could give the new ...
General Electric is speeding up a plan to divorce itself from oil-and-gas giant Baker Hughes. GE (GE), which has been racing to repair a bloated balance sheet, announced a complex agreement on Tuesday ...
* Baker Hughes, a GE company signs agreement with Twinza to provide fullstream support for offshore project in the Gulf of Papua * Baker Hughes A GE Co - ‍twinza-BHGE fullstream agreement covers ...
Company officials on Monday announced the completion of a transaction combining General Electric’s oil and gas business with Baker Hughes. The new company, to be called “Baker Hughes, a GE company,” ...
General Electric Co. has agreed to merge its oil and gas business with Baker Hughes Inc., creating an equipment, technology, and services provider with $32 billion of combined revenue and operations ...
NEW YORK (AP) — General Electric is taking advantage of a prolonged energy slump to become a bigger player in the oil and gas drilling business, a bet that could pay off big when prices recover. GE ...