International Business News - SLB http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Investors sent stock prices of the major oil companies and others that work in the oil patch generally higher Friday after the House approved the $700 billion bailout package. http://www.ibtimes.com/articles/20081003/oil-stocks-generally-higher-after-bailout-okd.htm Fri, 03 Oct 2008 14:35:57 EDT Halliburton Co. shares sank Thursday as an industry analyst slashed his target price for the oilfield services provider by nearly 21 percent. Larger rival Schlumberger Ltd. also saw its shares tumble. http://www.ibtimes.com/articles/20081002/halliburton-drops-as-analyst-cuts-target-price.htm Thu, 02 Oct 2008 20:36:45 EDT Stocks surge higher; credit worries persist NEW YORK (AP)--Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector. But the seized-up credit markets where businesses turn to raise money showed no sign of relief. http://www.ibtimes.com/articles/20080930/business-highlights.htm Tue, 30 Sep 2008 18:41:26 EDT Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080930/pfizer-microsoft-huntsman-among-big-movers.htm Tue, 30 Sep 2008 17:47:35 EDT Despite the recent fall in crude prices and a global economic crisis that could further curtail energy demand, the head of the world's biggest oilfield services company says increased global exploration and other factors bode well for long-term business. http://www.ibtimes.com/articles/20080930/some-still-see-brisk-business-for-the-oil-services.htm Tue, 30 Sep 2008 16:45:57 EDT Disruptions from back-to-back hurricanes in the Gulf of Mexico are expected to crimp third-quarter earnings for Schlumberger Ltd., but the chief of the world's biggest oilfield services company said Tuesday increased global exploration and other factors bode well for long-term business. http://www.ibtimes.com/articles/20080930/schlumberger-says-gustav-ike-cut-into-profits.htm Tue, 30 Sep 2008 17:40:01 EDT Shares of oil producers and oilfield services companies fell sharply Monday along with the broader financial markets after the House defeated a plan to bail out the financial services industry. http://www.ibtimes.com/articles/20080929/sector-snap-oil-companies-fall-with-market.htm Mon, 29 Sep 2008 15:49:35 EDT Halliburton Co. said Monday that disruptions from hurricanes Gustav and Ike in the Gulf of Mexico will likely cut into third-quarter earnings. Its share price tumbled. http://www.ibtimes.com/articles/20080929/halliburton-says-hurricanes-hurt-revenue-profit.htm Mon, 29 Sep 2008 18:58:46 EDT It's the latest word in Persian Gulf excess: a $1.5 billion resort boasting a $25,000-a-night suite and dolphins flown in from the South Pacific--all atop an island built in the shape of a palm tree. http://www.ibtimes.com/data/articleimgs/136234-dubai-palm-hotel.jpg http://www.ibtimes.com/articles/20080922/dubai-ups-the-ante-with-1-5b-hotel-on-palm-island.htm http://www.ibtimes.com/articles/20080922/dubai-ups-the-ante-with-1-5b-hotel-on-palm-island.htm Mon, 22 Sep 2008 13:38:23 EDT An alliance of environmentalists, marine scientists and former navy officers urged Australia on Wednesday to establish a vast conservation area in the Coral Sea to protect marine animals, reefs and World War II history. http://www.ibtimes.com/data/articleimgs/126900-australia-coral-sea.jpg http://www.ibtimes.com/articles/20080910/australia-urged-to-save-coral-sea-animals-history.htm http://www.ibtimes.com/articles/20080910/australia-urged-to-save-coral-sea-animals-history.htm Wed, 10 Sep 2008 03:12:44 EDT Climate change is wreaking havoc in the small island states of the South Pacific and assistance is needed for those already hit by rising seawater and severe storms, an islands leader said Wednesday. http://www.ibtimes.com/articles/20080820/climate-change-creating-havoc-in-pacific-islands.htm Wed, 20 Aug 2008 13:28:32 EDT Shares of energy companies closed mostly down Tuesday as oil prices plummeted amid concerns about future demand. The decline in the energy sector was widespread, from natural gas producers and oil companies to oil-services companies. http://www.ibtimes.com/articles/20080729/sector-wrap-oil-natural-gas-companies-fall.htm Tue, 29 Jul 2008 17:52:56 EDT A sharp, magnitude 6.1 earthquake shook the eastern Solomon Islands on Tuesday morning, but there were no immediate reports of damage or injury, emergency officials said. http://www.ibtimes.com/articles/20080728/6-1-quake-shakes-eastern-solomon-islands.htm Mon, 28 Jul 2008 20:48:34 EDT Halliburton's second-quarter profit fell about 67 percent from a year ago, when it recorded a nearly $1 billion gain from its split with former subsidiary KBR, but the oilfield services provider posted record revenue and said prospects look good for the remainder of 2008. http://www.ibtimes.com/articles/20080722/halliburton-2q-profit-in-line-with-forecast.htm Tue, 22 Jul 2008 16:58:09 EDT Oil prices tumble in biggest weekly drop ever NEW YORK (AP)--The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped? Experts won't go that far just yet. http://www.ibtimes.com/articles/20080718/business-highlights.htm Fri, 18 Jul 2008 18:34:42 EDT Among the stock activity stories for Friday, July 18, from the AP Financial News: CHICAGO (AP)--Shares of Harman International Industries Inc. fell Friday as an analyst said the maker of audio gear and electronic systems would likely be affected by deterioration in the auto industry. http://www.ibtimes.com/articles/20080718/movers-roundup-harman-international-radioshack.htm Fri, 18 Jul 2008 16:01:08 EDT Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080718/citi-schlumberger-google-mattel-are-big-movers.htm Fri, 18 Jul 2008 16:40:35 EDT Shares of Schlumberger Ltd. jumped Friday after the oilfield services provider said its second-quarter profit rose 13 percent and issued a bullish outlook. Analysts praised the results. http://www.ibtimes.com/articles/20080718/schlumberger-shares-rise-after-2q-profit-jumps.htm Fri, 18 Jul 2008 12:09:37 EDT Among the earnings stories for Friday, July 18, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080718/earnings-roundup-schlumberger-manpower.htm Fri, 18 Jul 2008 10:57:22 EDT Among the earnings stories for Friday, July 18, from AP Financial News: WASHINGTON (AP)--Second quarter earnings rose 18 percent at Honeywell International Inc. and the diversified manufacturer raised its 2008 forecast Friday as its global reach helped buffer the company from the deep woes faced by the U.S. economy. http://www.ibtimes.com/articles/20080718/earnings-roundup-honeywell-student-loan.htm Fri, 18 Jul 2008 16:06:01 EDT