Global Supply Chain Contagion Hits Oil Service Firm Baker Hughes Earnings

Energy services company Baker Hughes,reported weaker than expected third quarter earnings on Wednesday before the market open. Oilfield services were negatively impacted by Hurricane Ida and supply chain problems. $BKR peers Halliburton reported Monday and Schlumberger reports Friday.

General Electric Shares Continue To Rise After Stronger Earnings Than Expected

General Electric reported better than expected fourth quarter earnings before the open Wednesday. $GE Shares continued to recover, rising  10% to be up nearly 50% in the past 12 months to its highest level since October 2018.

General Electric Miss Earnings, Cut Dividend as SEC Probe Widens

General Electric reported weaker than expected third quarter earnings before the open Tuesday. $GE also slashed its dividend to a penny  also an SEC probe into its accounting practices widened. GE fell to a new seven year low on the negative news flood.

Baker Hughes GE Gives Robust Macro Outlook For Oil and LNG

Energy services company Baker Hughes, a GE Co. reported second quarter earnings on Friday before the market opened. $BHGE showed a slight miss on weaker revenue but gave a robust outlook on the macro oil structure. Parent General Electric $GE also reported earnings this morning.