If Halliburton Co.’s bid to buy Baker Hughes Inc. fails, it may spark a scramble for deals among beaten-down oil-services firms. U.S. antitrust officials sued to stop the merger of the world’s second -and third-largest oilfield companies, Attorney... — read more
You think Halliburton is happy the govt killed the Baker deal?
So do y'all think HAL is relieved that the govt is blocking the Baker deal? Hearing that since Big Oil is canceling lots of their offshore plans, BHI, which is primarily offshore, would be a loss-making machine for years...HAL didn't anticipate that... — read more
Zanesville, Ohio
Why is Scotty still working? ?????
Paal Kibsgaard will join Halliburton as the new CEO so that they can use his expertise to learn how to make successful acquisitions.
The Baker fiasco is hurting real bad.
Divestiture Revolt
How do proposed divestitures revolt? He can one remain focused in good conscience, knowing what we know? There must be a way to show big red we deserve to be treated better. Both Baker and Halliburton employees have been the shuttlecocks in this... — read more
HAL vs DOJ - and Landmark Management live to see another day.
Man, is this your Dave vs Goliath Mexican Standoff or what? Maybe Lesar will hire Donald Trump as part of the high price team to take on this Cluster F*&k!! This is just another colossal waste of time and money just so Dave can show that he has a... — read more
How ya like me now suckas?
Get on your knees before Hussein Obama!
Justice Department files antitrust suit to block Halliburton, Baker Hughes merger
HOUSTON – The Justice Department said it filed court papers on Wednesday to block Halliburton Co.’s purchase of Baker Hughes, the largest oil field services acquisition ever proposed, warning the deal could hamper competition in oil-equipment... — read more
Without a deal, Halliburton and Baker Hughes likely will have to find other ways to ease the pain, including additional layoffs
A looming legal challenge to Halliburton Co.'s multibillion-dollar bid for rival Baker Hughes Inc. could mean more pain for two Houston-based companies already struggling with low oil prices. The Justice Department is preparing to file a lawsuit... — read more
Halliburton's Dying Bid Shows Antitrust Cops Pounding Mega-Deals
The corporate deal-making boom last year was one for the record books. The harder part: Winning the blessing of emboldened antitrust officials in the Obama administration’s last year. U.S. enforcers have turned increasingly aggressive in their... — read more
Carrollton News? Anyone?!?
They still planning on moving 2/3rds of our stuff to Singapore? Cause that's what it seems like has been happening. Gotta take advantage of that slave labor and lower benefits cost. Not to mention the shady costing going on.
What now?
What's in the pipeline for us now?
F---
...that is all.
Schedule
8:45 arrive 8:50 check email, ignore 9:10 Go to life center and get coffee and energy bar 9:30 peaceful walk around the water feature 10:15 hit the gym, blast pecs 11:05 queue at the cafeteria with all,the other busy employees who wait 10 minutes for... — read more
Tool Allowance
We lost it in the Northeast.
US Justice Department expected to sue to block Halliburton from acquiring rival Baker Hughes
WASHINGTON (AP) -- The U.S. Justice Department is expected to sue this week to stop Halliburton Co. from acquiring rival Baker Hughes Inc., according to a person familiar with the matter. The person spoke on condition of anonymity Tuesday because the... — read more
Zanesville, Ohio
What every happen to Mr. Scotty, Glo's buddy
I'd hate to be on the Integration Team today......
Looks like with the merger not happening and current market conditions, the Integration Team members members have got to be sweating bullets. Good luck!
DOJ FILES LAWSUIT TO STOP MERGER!
Well well well..... Now what?
DOJ sues ValueAct over investments in Halliburton, Baker Hughes
The U.S. Department of Justice has sued certain ValueAct Capital entities over investments made in Houston-based oil field services giants Halliburton Co. and Baker Hughes Inc. The DOJ claims the investments in the companies — which plan to merge in... — read more
How Much Would Halliburton & Baker Hughes Drop If the DOJ Blocks Their Merger?
If the deal were to break, we believe Halliburton would initially trade down, but less than 5%, while Baker Hughes would potentially fall to the low-$30s… Baker Hughes: Given the employee turnover (one private-equity executive told us he believes the... — read more
Shut down Baroid barite mill and mine in NV today. 50 people mass layoff
million dollar mill that was built 2 years ago is now depreciating idle. What a good move HAL
N/a
What every happen to Mr. Scotty, Glo's buddy
Williston Walmart Pays 20 bucks / hr
http://dailysignal.com/2014/06/10/drilling-innovation-forcing-walmart-north-dakota-pay-17-40-hour/
Is the Halliburton-Baker Hughes Merger Going to Happen?
In November 2014, Halliburton Co. and Baker Hughes Inc. announced an agreement under which Halliburton would pay $35 billion for Baker Hughes, a premium of around 40% at the time. The deal was expected to close by the end of 2015, but it is still... — read more
US Justice Dept. Likely To Block Halliburton-Baker Hughes Deal
The Halliburton–Baker Hughes deal might not happen, despite Halliburton’s best efforts to shed assets to alleviate antitrust concerns, as the Justice Department is tilting towards blocking the deal, according to a New York Post report Monday... — read more
are they going to shut down NB center?
just curious
Fancy pants
Jared fancy pants Gerber and Mike Milan from Hannah welding were both gone all week. Recooping from the Glo take down? Plotting their next move? Stay tuned as the sand churns..........
Montgomery and Muncy closing
Word on the street is that we are done by the end off the month. Anyone going down to Zanesville?
Guaranteed hrs
Starting April 4, 2016 Hal will be taking away your guaranteed 40 hrs / Wk. As far as I know this is for Logging Psl, San Antonio District which includes Kilgore. It's a godamm shame!!!! And they still expect you to be on call.