General Electric (NYSE: GE) has announced plans to expand its oil and gas business by acquiring Lufkin Industries (LUFK) in a $3.3 billion deal that boost its market share for oil and gas equipment and strengthen its turbo-machinery …
Lufkin Industries Inc. (LUFK) announced that it has signed a purchase agreement to acquire Pentagon Optimization Services Inc., a diversified well optimization company serving the oil and gas industry, based in Red Deer, Alberta, …
LUFKIN, Texas, Sept. 20 /PRNewswire-FirstCall/ -- Lufkin Industries, Inc. (Nasdaq: LUFK) today announced that Brian J. Gifford has been named Vice President of Human Resources for the Company. In this role, Mr. Gifford will be …
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 …
I believe that in the coming quarters, as we begin to see some production upside, you should start to see the stock price go in sync with that. TER: What about international companies? ND: We do have one that I think is very exceptional …