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Halliburton Co (HAL.N)

HAL.N on New York Stock Exchange

53.06USD
22 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Halliburton to redeem senior notes due 2018 and 2019
Tuesday, 14 Feb 2017 05:15pm EST 

Halliburton Co : Halliburton to redeem senior notes due 2018 and 2019 . Halliburton Co - will redeem entire outstanding principal amount of its 5.90 pct senior notes due september 2018 . Halliburton Co - aggregate principal amount of notes outstanding is $1.4 billion . Aggregate principal amount of notes outstanding is $1.4 billion . Halliburton Co - redemption date for notes is March 15, 2017 .Halliburton Co - will also redeem entire outstanding principal amount of its 6.15 pct senior notes due september 2019.  Full Article

Halliburton sets quarterly dividend of $0.18per share
Wednesday, 8 Feb 2017 05:50pm EST 

Halliburton Co : Halliburton declares dividend and announces annual shareholders' meeting .Sets quarterly dividend of $0.18per share.  Full Article

Halliburton says reduced its workforce by about 14,000 in 2016
Tuesday, 7 Feb 2017 12:39pm EST 

Halliburton Co : Says it reduced its workforce by about 14,000 in 2016 and by about 40 percent since the beginning of 2015 .Plan to increase capital spending to approximately $1.0 billion in 2017.  Full Article

State Street Corp reports 5.03 pct passive stake in Halliburton as of Dec. 31 - SEC filing
Tuesday, 7 Feb 2017 07:59am EST 

Halliburton Co :State Street Corporation reports 5.03 percent passive stake in halliburton co as of dec. 31, 2016 - SEC filing.  Full Article

Halliburton posts Q4 adj. earnings $0.04/shr from continuing operations
Monday, 23 Jan 2017 07:00am EST 

Halliburton Co : Halliburton announces fourth quarter 2016 results . Q4 adjusted earnings per share $0.04 from continuing operations . Q4 loss per share $0.17 from continuing operations . Q4 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Q4 revenue $4.0 billion versus I/B/E/S view $4.09 billion . Q4 completion and production revenue $2,268 million versus. $2,831 million . Halliburton -"gained significant market share through downturn, and as market stabilized co leveraged this share to drive margin improvement" . Q4 drilling and evaluation revenue $1,753 million versus. $2,251 million . Halliburton Co says do not expect to see an inflection in International markets until latter half of 2017 . Halliburton Co - "North America market appears to have rounded corner, but International downward cycle is still playing out", regarding land market . "as we move into 2017 our focus will be on driving industry leading returns" . Halliburton - in International markets, low commodity prices have stressed budgets, have impacted economics across deepwater and mature field markets . During Q4 of 2016, Halliburton incurred approximately $92 million of foreign currency exchange losses.  Full Article

Halliburton announces regulatory filing in connection with potential acquisition
Friday, 23 Dec 2016 06:00pm EST 

Halliburton Co - : Held discussions with various shareholders of Novomet regarding potential acquisition, including possibility of acquiring up to 100% of company . No agreement has been reached to date . Halliburton continues to seek opportunities to expand and enhance suite of technologies, products and services it offers its customers .Halliburton announces regulatory filing in connection with potential acquisition.  Full Article

Halliburton co - currently sees FY 2016 capital expenditures to be about $850 mln
Monday, 1 Aug 2016 09:30am EDT 

Halliburton Co :Capital spending for fy 2016 is currently expected to be about $850 million, reduction of over 60% from $2.2 billion of capital expenditures in 2015.  Full Article

S&P downgrades Halliburton to 'BBB+' on difficult industry conditions
Friday, 29 Jul 2016 02:19pm EDT 

S&P Global Ratings:Halliburton co downgraded to 'BBB+' on difficult industry conditions; outlook stable.  Full Article

Halliburton says reduced headcount by almost 9 pct globally in Q2
Wednesday, 20 Jul 2016 11:41am EDT 

Halliburton Co : During the second quarter, Halliburton further reduced its headcount by almost 9 percent globally - spokeswoman Further company coverage: [HAL.N] ((Bengaluru Newsroom: +1-646-223-8780)).  Full Article

Halliburton expects international markets to take more time to rebound - CONF CALL
Wednesday, 20 Jul 2016 11:39am EDT 

Halliburton Co: Says "international markets will take more time to rebound" - conference call . Do no expect to see a fundamental improvement in Latin America this year . Expect Latin America margins to move down to low single digits in Q3 . Q3 eastern hemisphere revenue is expected to be down "modestly" . Expect North America margins to improve by 100-200 basis points in Q3 . Q3 eastern hemisphere margins expected to remain flat Further company coverage: [HAL.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

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BRIEF-Halliburton to redeem senior notes due 2018 and 2019

* Halliburton Co - will redeem entire outstanding principal amount of its 5.90 pct senior notes due september 2018