Posts Tagged ‘Company’

Patriot Coal to Announce Results for the Quarter Ended June 30, 2008

On Tuesday, July 29, 2008, Patriot Coal Corporation will announce results for the quarter ended June 30, 2008. A conference call with management is scheduled for 9:00 a.m. Central Daylight Time on Tuesday, July 29.
Participants may access the call using the following phone numbers:
U.S. & Canada (800) [...]

Monday, July 21st, 2008

ArcelorMittal Announces Acquisition of Concept Group

ArcelorMittal, the world’s largest integrated metals and mining company, today announces that it has signed an agreement to acquire the Concept Group (“Concept”).
Concept, located in southern West Virginia and adjacent to the recently acquired Mid Vol Coal Group in the Central Appalachian Coal Basin, produced 0.8 million tons of metallurgical coking coal in 2007 and [...]

Monday, July 21st, 2008

Latrobe Specialty Steel Announces End of Labor Dispute

Latrobe Specialty Steel welcomes the news that Local 1537 of the United Steelworkers approved today the collective bargaining agreement negotiated Friday evening and that the twelve-week work stoppage is ending.
“I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues. We have reached [...]

Monday, July 21st, 2008

Crude oil prices lift Schlumberger’s profit by 13 percent

Oilfield services provider Schlumberger Ltd. reporting a nearly 13 percent jump in profit driven by robust spending among customers searching for new sources of crude and natural gas. Unless the global economy goes into the tank, Schlumberger said it expects continued brisk spending on exploration and production as energy companies try to benefit from high [...]

Monday, July 21st, 2008

Eclipsys added to SmallCap 600

It is reported that Shares of Eclipsys Corp. rose Friday after Standard & Poor’s said it will add the health care software maker’s stock to its S&P SmallCap 600 index. The Atlanta-based company will replace W-H Energy Services Inc. on the index as W-H Energy is being purchased by oilfield services provider Smith International Inc., [...]

Monday, July 21st, 2008

A Houston-based company tracked U.S. oil drilling activity

Baker Hughes Inc. never stopped counting oil rigs in North Dakota, but in 1998 the company removed the state from its list of those with major drilling activity. The list is widely disseminated by the media.
Baker Hughes at the time cited a lack of drilling in North Dakota. The company does not have figures for [...]

Monday, July 21st, 2008

Oilfield services provider Superior Well Services Inc. bought Nuex Wireline for $6 million

Oilfield services provider Superior Well Services Inc told the press on friday that the company has bought Nuex Wireline Inc. for about $6 million in cash.
Nuex specializes in cased-hole completion, which involves preparing a path for oil to flow from surrounding rock into production tubing for extraction.
The assets include 5 cased hole trucks, various tools [...]

Monday, July 21st, 2008

Superior Well Services, Inc to Expand Presence in Rocky Mountain Region

Superior Well Services, Inc told the press about the latest news saying that it purchased substantially all of the operating assets of Nuex Wireline, Inc. (”Nuex”) for approximately $6.0 million in cash. Nuex provides cased hole completion services. The operating assets include 5 cased hole trucks and various tools and logging systems that are compatible [...]

Monday, July 21st, 2008

Baker Hughes Incorporated on regional operating profit

Baker Hughes Incorporated announced that the company is providing corrected information for regional operating profit before tax for its Middle East Asia Pacific (MEAP) and Europe, Africa, Russia, Caspian (EARC) regions for the thirteen quarters from the quarter ending March 31, 2005 through the quarter ended March 31, 2008 and is identified on the attached [...]

Monday, July 21st, 2008

Shares of Schlumberger Ltd profit rises 13 percent

Schlumberger Ltd announced that its shares jumped Friday after the oilfield services provider said its second-quarter profit rose 13 percent and issued a bullish outlook. Analysts praised the results. The stock rose $4.72, or 4.9 percent, to $101.50 in late-morning trading.
The Houston-based company said high oil and natural gas prices led to heavier spending [...]

Monday, July 21st, 2008