negative $170M anyone surprised
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They sure don't make corporate leadership the way they used to. And there are too many of them!
What’s the word on the bonus and pay increase
I'm guessing the same amount of money Lorenzo baught those stocks for lol
Invest if you believe that there is nowhere for oil to go but up. Divest if you think a gallon of water is more valuable to you than a gallon of gas. Baker Hughes will be around in some shape or form and we have a few best in class tools, maybe not as many niches as we had back in 2000... but hammers can still hit a nail. For the overall market ... we are doing ok and getting some bookings come in. Compared to Southwest Airlines... we are k–ling it.
can't make the new ship float too many mangers onboard. And all will drown at the dock as the gang plank was thrown off to make more room.
Cash came in well profit not so much
Chemicals is shuttering manufacturing...MANUFACTURING! Selling off 2 plants to rely on 3rd party blenders is like selling your soul to the devil.
Who am I kidding? We already did that a few years back. We are on the Titanic, queue in the orchestra as the end is near.
Losses. We are barely keeping our doors open. I'm sure we will continue to divest companies and more layoffs in certain groups. The new normal is less people, more hours, and less pay. What organization can continue to operate that way.
Losses. However, the stock price has been reflecting the loss expectation as the market closely watches the entire industry. The most important news on earnings will be the forward outlook given. It will take more than a couple of pieces of good news out of business in Qatar before this ship starts floating good again. It’s still sinking. Even with the selective good news.