Wednesday, 31 October 2018

Baker Hughes swings to profit but misses forecasts, shares slide

Baker Hughes swings to profit but misses forecasts, shares slide
31 October 2018, News Wires — General Electric Co’s Baker Hughes on Tuesday said improving oil markets helped it post a third-quarter adjusted net profit versus a year-earlier adjusted loss, but earnings per share missed analysts’ forecasts by a penny and its stock slid about 3 percent. Baker Hughes also expressed optimism for 2019 and beyond … More »

No comments:

Post a Comment