General Electric (GE) will buy Lufkin Industries (LUFK), an oilfield services provider in a deal worth about $3.3 billion. The offer puts a price on Lufkin of $88.50 per share, a 38 percent premium to Friday's close. Lufkin makes artificial lift ...
Next week the fourth quarter earnings season is in full swing. A total of 492 firms are due to report, including 61 S&P 500 firms. It will be a relatively light week for economic data, but we will get data on both Deficits, Budget and Trade, as well …
South Korea’s stock market has noticeably declined over the period. For the week the market posted a 2.29% gain, closing at 1588.85 (its second highest closing in history), just 0.28% off its all-time closing high set the day before. The …
Thanks to the fracking boom of the last few years North America is now on a path toward energy self-sufficiency. In fact, the International Energy Agency (IEA) now believes that, thanks to astonishing growth in oil and natural gas output, the …
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