Thanks Martin and team.
Bridge of Don welcomes GE
GeBoD is an anagram of Go Bed. Not a lot of people know that
Cost effective. We know that means RIF. Get ready boys. Winter is coming!!!!
General Electric reached a deal to combine its oil-and-gas business with Baker Hughes, creating a publicly traded energy powerhouse that would give GE a cost-effective way to play any recovery in the industry.
Baker Hughes and GE to Host Investor Webcast Monday October 31 at 8:30 AM ET
Baker Hughes and GE to Host Investor Webcast Monday October 31 at 8:30 AM ET HOUSTON--(Business Wire)--Baker Hughes (NYSE:BHI) and General Electric will host an Investor webcast at. 8:30 a.m. Eastern Time (7:30 a.m. Central Time) on October 31... — read more
The rich get richer
The company's SEC filings this last week show they are throwing yet more money at Belgacem. You'll recall he was ONE of the masters they gave $2MM to in June. He must have the Board convinced he's the second coming. It is a privilege to be... — read more
Will the Petrolite division be first to sold off, in the GE asset stripping takeover ?
Are Petrolite worth keeping or not ?
The broadhill bar are hiring.
The good times are back!
GE, Baker Hughes Could Reach Deal as Early as Next Week
http://www.nasdaq.com/article/ge-baker-hughes-could-reach-deal-as-early-as-next-week-sources-say--2nd-update-20161028-00746
Will GE asset strip BHI if takeover goes ahead ?
Drilling services to Halliburton etc...
BHI to add more pressure pumping capacity
Talks about doubling the North America pumping fleet - 10,000 pressure pumps on order?
Here we go again.. General Electric in Talks to Buy Baker Hughes
http://www.wsj.com/articles/general-electric-in-talks-to-buy-baker-hughes-1477607865
On behalf of everyone On nights
big thank you to management for pulling us through what has been a turbulent year. Many at other sites were not so lucky. Thanks again!
Oct 25 (Reuters) - Oilfield services provider Baker Hughes Inc reported a smaller-than-expected quarterly loss!
Oct 25 (Reuters) - Oilfield services provider Baker Hughes Inc reported a smaller-than-expected quarterly loss on strict cost control and said it expected to cut more costs this year than previously anticipated.
More red ink for Baker Hughes in Q3. Sliding market share and increased costs sees losses increase to $429m from $159m. More job losses forecast
BHI posted a massive net loss for the third quarter of 2016, when compared to prior-year quarter, due to high redundancy costs and increased management remuneration bonuses.
Q3 Results
So, the latest earnings call shows that we've never had it so good ?!! It makes for grim reading.. unless you work for engineering it could be time for a career change ..seriously! The goal appears to be the conversion of BHI into a pure technology... — read more
Makes me think about the string quartet on the Titanic continuing to play as the ship sinks
Another $320 MM of red ink, 7th quarterly loss in a row. I wonder when shareholders will demand a change in leadership?
Houston is noo sending americans ower tae bod tae act as inspectors sae thay kin learn oor ways.
acknowledging bod as a centur o' tekky pure dead brilliance. Soon a' o' bhi wull be operatinusin oor model.
4 days till the big announcement
Are you ready? What could it be?
This site is ruining my life!
Due to the topics relating to layoffs, rumours and information I am addicted to this site. My wife asks me, what's more important? Me or that bloody layoff site, clearly it's the layoff site and feel I need support from BHI to wean me of this horrid... — read more
Phwee - made it through another week.
Should I celebrate or wait for the earnings call?
New BHI Nigerian Managers Moneymaking Fraud & Scam Now Exposed.
Asking for a 20% cut of the dayrate of Nigerian Field Engineers, or get layed off.
Baker Hughes decides to close Aberdeen Base
https://www.oilandgaspeople.com/news/10231/baker-hughes-decides-to-close-aberdeen-base/
lastest cost cutting initiatives
With immediate effect. Canteen privileges revoked - fridges, extractor fans and microwaves to be removed.
On behalf of everyone at BoD a big thank you to management for pulling us through what has been a turbulent year.
Many at other sites were not so lucky. Thanks again!
BHI currently trades at $51.75, but based on a bottoms up analysis it is at least 60% overvalued.
Investors should continue to avoid the stock.
Public outcry in Aberdeen as latest wikileak exposes plan to start up pressure pumping at Bridge of Don.
Protests to be held all day at the Old Town House.
Pressure Pumping and Aberdeen Manufacturing moving to Rankin?
Hot of the press