Smith International Inc.

7 news results for the tag: Smith International Inc..

Smith International, Inc. Announces Final Results of W-H Energy Exchange Offer and Related Proration Calculations

August 23rd, 2008

Smith International, Inc. reported the final tabulated results of the W-H Energy Services, Inc. exchange offer and the related proration calculations. The exchange offer expired at 12:00 midnight, EDT, on August 18, 2008and settlement is expected to occur on Monday, August 25, 2008.
The exchange agent reported a final count of 30,370,518 shares of W-H common [...]

Smith International, Inc. Announces Extension of W-H Energy Exchange Offer

August 2nd, 2008

Smith International, Inc. and W-H Energy Services, Inc. announced that the expiration date of the exchange offer to acquire the outstanding shares of W-H has been extended until 12:00 midnight, Eastern time, at the end of Friday, August 8, 2008, unless extended further. Based on a preliminary count by the exchange agent for the [...]

Smith International, Inc. on the Extension of W-H Energy Exchange Offer

August 2nd, 2008

Smith International, Inc. and W-H Energy Services, Inc. told the press that the expiration date of the exchange offer to acquire the outstanding shares of W-H has been extended until 12:00 midnight, Eastern time, at the end of Friday, August 8, 2008, unless extended further. Based on a preliminary count by the exchange agent for [...]

Eclipsys added to SmallCap 600

July 21st, 2008

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., [...]

Smith International Buying W-H Energy Services

June 4th, 2008

Oilfield services provider Smith International Inc. plans to buy W-H Energy Services in a deal valued at roughly $3.2 billion. The combination should broaden Smith’s offerings in key drilling services markets.
Smith will pay $56.10 cash and 0.48 Smith share for each W-H Energy Inc. share outstanding. Based on Smith’s closing price Monday, the deal values [...]

Smith International Says 2007 Wall Street Estimates “Reasonable”

January 30th, 2007

Smith International Inc., which provides products and services to the oil and gas industry, said Tuesday it expects to post fiscal 2007 profit in line with Wall Street expectations.
“We believe 2007 will be a solid growth year for Smith and the recent surge in seismic survey sales and exploratory drilling provides further evidence that demand [...]

M-I SWACO Announces Acquisition of Specialised Petroleum Services Group Limited

August 3rd, 2006

M-I SWACO today announced that it has acquired Specialised Petroleum Services Group Limited (”SPS”) of Aberdeen, Scotland in exchange for cash consideration of approximately $165 million. SPS is a leading provider of well-bore clean-up products and services for the technically-challenging offshore market. The acquired operations had revenues of $38 million for the six months ended [...]


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