Schlumberger to cut capex up to 30%, accelerate North America personnel and pay cuts

Halliburton Co on Monday joined its bigger rival Schlumberger in taking impairment hits in the first quarter and issued a bleak outlook for North America as oilfield providers grapple with an unprecedented decline in oil prices......»»

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Schlumberger Sees Decline In 2019 Upstream Capex In North America, But Investment Flows In Some International Markets.....»»

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See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Mattel Inc on Thursday beat estimates for quarterly profit as it benefited from a robust cost-cutting program, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls......»»

Mattel Inc reported a rise in adjusted quarterly profit on Thursday as the company kept a tight leash on costs, even as holiday season sales of its flagship Barbie brand in North America were pressured by Hasbro Inc's "Frozen" dolls......»»

Ross said, "every American's heart has to go out the victims" of the virus, but "it will help to accelerate the return of jobs to North America.".....»»

Ross said, "every American's heart has to go out the victims" of the virus, but "it will help to accelerate the return of jobs to North America.".....»»

Ross said, "every American's heart has to go out the victims" of the virus, but "it will help to accelerate the return of jobs to North America.".....»»

Toyota Motor North America announced several changes to its manufacturing operations Tuesday. The moves are to combat "unprecedented changes to the automotive landscape," said Toyota Motor North America, which has its headquarters in Plano and is part.....»»

The two largest publicly traded oil field service companies in the world are expecting their businesses in North America to decline in the fourth quarter......»»

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Schlumberger NV beat Wall Street estimates for profit on Friday, in the first quarter under Olivier Le Peuch, as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America......»»

Global cyber protection company Acronis International GmbH has raised $147 million to make acquisitions, expand its engineering team and accelerate business growth in North America. The investment round, led by Goldman Sachs, sets the valuation of.....»»

Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primarily in North America......»»

Sportswear maker Under Armour Inc on Tuesday cut its full-year revenue forecast for North America, its biggest market, in the face of stiff competition from bigger rivals Nike Inc and Adidas AG , sending its share down 10%......»»

Xerox Inc cut its full-year revenue forecast on Tuesday, citing organizational changes, primarily in North America......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»