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Money Monday Morning Preview #Hounews
news92fm.com

Houston's home-town oilfield equipment maker, Dresser-Rand, is being acquired by German engineering giant, Siemens AG, for $7.6-Billion. Siemens will pay $83/share … The Texas economy added 20,100 non-farm jobs in August. The unemployment rate …

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Primary Focus Is Looking To Be On China
www.zacks.com

In other developments, we have two big German companies acquiring U.S. firms in the pharmaceutical and oilfield services sectors. Siemens is acquiring Dresser-Rand (DRC) for $7.6 billion, while Merck – not related to U.S. based Merck & Company (MRK) …

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Ag & Oil Awards
www.seminolesentinel.com

He started his oilfield career driving an acid truck for Halliburton. He continued in East Texas working for Mobil, then transferred to California. Moving to Seminole in 1990, he went to work for Hess as a roustabout in 1991. He has moved through the …

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Digital Oil Field Market Projected to Reach $38.49 Billion by 2024 at a CAGR …
www.virtual-strategy.com

The report "Digital Oil Field Market by Services (Automation & Instrumentation: DCS, SCADA, PLC, Smart Well & CPM; IT Services: Outsourcing, Equipment & Software) & by Processes (Reservoir, Production & Drilling Optimizations) – Global Trends …

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Wall Street Set For Weak Start Amid Global Growth Worries
www.rttnews.com

In corporate news, United Rentals (URI) announced that it has been added as a component of the S&P 500 Index, effective after the close of trading last Friday. Boeing (BA) announced that Ethiopian Airlines has placed an order for 20 737 MAX 8s, which …

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Spain: Ebola test drug out of supply worldwide
www.kswo.com

German electronics and engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion. German electronics and …. Ebola is blamed for the deaths of more than 2,600 people in West Africa. The Health …

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BUSINESS-NEWS-SCHEDULE AT 0830 GMT / 4.30 AM ET
www.reuters.com

FRANKFURT – Germany's Siemens agrees to buy U.S. oilfield equipment maker Dresser-Rand for $7.6 billion in cash, hoping to ride a shale gas boom in the United States. (DRESSERRAND-M&A/SIEMENS (WRAPUP 3), … LONDON – The London Metal Exchange (LME …

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European Factors to Watch-Shares seen retreating from highs
www.reuters.com

… from next year. The Group of 20 leading nations said they were tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe's extended stagnation remained a major stumbling block. On the …

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Report: Technology brings stability to Midland economy
www.mrt.com

The rig count might seem flat because horizontal drilling requires fewer wells to get high levels of production, but it requires more people for horizontal drilling projects, Watson said. Like Ewing, Watson said he believes today's Permian Basin oil …

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Bakken Shale Boosts Williston Oil Rigs to 2-Year High
www.bloomberg.com

The total energy rig count has almost doubled from five years ago as producers use horizontal drilling and hydraulic fracturing to reach oil and gas deposits in U.S. shale formations. The boom will increase domestic crude production in 2015 to the …

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Baker Hughes Announces August 2014 Rig Counts
money.cnn.com

HOUSTON, Sept. 8, 2014 /PRNewswire/ — Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for August 2014 was 1,339, down 43 from the 1,382 counted in July 2014, and up 72 from the 1,267 counted in August 2013.

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US rig counts stabilize as Canadian count drops
www.steelorbis.com

Baker Hughes has reported that for the week ending September 19 the US rig count remained level at 1,931, following an increase of six rigs the week before. The gas rig count decreased by nine to 329, whereas the oil rig count increased by nine to 1,601.

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Fighting close to Libyan oilfield and refinery as rival "oil minister" appears
af.reuters.com

BENGHAZI Libya (Reuters) – Soldiers and police have clashed in the last few days near Libya's biggest El Sharara oilfield in the south, while separate fighting erupted in the west not far from the Zawiya refinery, residents and medics said. The …

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Why support Mary Landrieu?
www.dailycomet.com

Although I presently live Baton Rouge, I just want you to know that I am still connected to Thibodaux as my hometown. I find it hard to understand why so many Republicans are backing Mary Landrieu. I find it especially hard to understand why one very …

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Siemens Inks $7.6bn Deal with Dresser-Rand
www.industryleadersmagazine.com

The American firm manufactures oilfield supplies and equipments, and under the arrangement, it will turn into “the platform for oil and gas equipment solutions within Siemens.” Siemens said its … Our intention is to leverage these strengths by …

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US demand for biocides to approach $4 billion in 2018
www.european-coatings.com

Biocides for use in cleaning products are expected to remain the largest industrial market, and will show favorable growth prospects going forward as concerns about health care-associated infections, food contamination, and other health issues continue …

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Dresser-Rand To Be Acquired By Siemens In $7.6 Bln Cash Deal
www.nasdaq.com

(RTTNews.com) – US oilfield equipment maker Dresser-Rand Group, Inc. ( DRC ) agreed Sunday to be acquired by German conglomerate Siemens AG ( SIEGY ) for $83.00 per share in an all-cash deal valued at about $7.6 billion, including assumed debt.

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PRESS DIGEST- New York Times business news – Sept 22
www.reuters.com

As magazines and newspapers continue to lose print readers, they are scrambling to secure customers for their digital products, and are finding them increasingly through social media. Pinterest has forged close relationships with magazines, especially …

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Siemens acquires US oil and gas firm for $7.6bn
www.bbc.com

The American firm makes oilfield equipment, and under the deal, it will become "the platform for oil and gas equipment solutions within Siemens." The German firm said its … "Our intention is to leverage these strengths by maintaining the existing …

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Core Laboratories: Good Entry Point For An Attractive Long-Term Investment (CLB)
seekingalpha.com

Core Laboratories (NYSE:CLB) is in the Oilfield Services industry and operates in three segments: Reservoir Description, Production Enhancement, and Reservoir Management. Reservoir … The company is seeing some improvement in the deep water and ultra …

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In the papers: High streets recovering at fastest rate for eight years
www.proactiveinvestors.co.uk

Jobs on the line at stricken Phones4u: Thousands of redundancies are expected to be announced at Phones4u this week as hopes of a rescue for the troubled phone retailer fade. New powers could see Holyrood set corporate tax: Scotland … Siemens nearing …

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Monday Papers: Scots to get more powers regardless of English devolution talks
citywire.co.uk

The Daily Telegraph: In a fierce backlash against the pledge from Labour to increase minimum wage to £8 an hour, unveiled on Sunday, CBI deputy director general said the minimum wage is already at the “highest rate it can be without putting job …

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At the Wellhead: The legal battle over a possibly big Ecuador oil field
blogs.platts.com

No case highlights the gap between expectations and reality more than that of the Pungarayacu oilfield. The field holds Ecuador's by far biggest known unexploited reserves, between 4.3 and 12.1 billion barrels of ultra-heavy crude of five to 13 degrees …

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Risco Energy to Acquire Galoc Oil Field Operator GPC for $101.4M
www.rigzone.com

Southeast Asia-focused Risco Energy Investments Pte Ltd (Risco) announced Monday that the company has executed a Sales & Purchase Agreement (SPA) to acquire 100 percent of Galoc Production Company WLL (GPC) from ASX-listed Otto Energy.

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Siemens to acquire oilfield equipment maker Dresser-Rand for $7.6 billion
www.startribune.com

HOUSTON — German electronics and engineering company Siemens AG has reached a deal to acquire oilfield equipment maker Dresser-Rand for $7.6 billion. Under the deal announced early Monday in Germany, Siemens will pay $83 per common share …

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Fighting close to Libya oilfield as rival 'oil minister' appears
english.alarabiya.net

Soldiers and police have clashed in the last few days near Libya's biggest El Sharara oilfield in the south, while separate fighting erupted in the west not far from the Zawiya refinery, residents and medics said. The violence came as video emerged on …

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Las Vegas, Nev., spoils Mo'ne's night, beats Philly 8-1
www.santafenewmexican.com

Philadelphia pitcher Mo'ne Davis delivers in the first inning of a United States semi-final baseball game against Las Vegas at the Little League World Series tournament in South Williamsport, Pa., Wednesday, Aug. 20, 2014. (AP Photo/Gene J. Puskar) …

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Ready for prep season
www.houmatoday.com

Football season is creeping up fast, especially for the 13 prep football teams in our coverage area. Most local teams will have fall scrimmages on either today or Friday. Jamborees start next week, and the regular season kicks off the following week.

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Scientists urges energy chief to reverse LANL actions against anti-nuke worker
www.santafenewmexican.com

An organization of scientists committed to nuclear nonproliferation wrote a letter Thursday to President Barack Obama's Cabinet Secretary of Energy Ernest Moniz urging him to intervene on behalf of Santa Fe political scientist James Doyle, who claims …

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Family Dollar rejects Dollar General offer
www.dailycomet.com

This Tuesday, Aug. 19, 2014 photo shows the Family Dollar store in Ridgeland, Miss. Family Dollar Stores Inc. Chairman and CEO Howard Levine said in a statement Thursday, Aug. 21, 2014, that its board and advisers reviewed Dollar General Corp.'s offer …

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US to tighten restrictions on common opioid painkillers
in.reuters.com

"Almost seven million Americans abuse controlled-substance prescription medications, including opioid painkillers, resulting in more deaths from prescription drug overdoses than auto accidents," DEA Administrator Michele Leonhart said in a statement …

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Siemens near deal to buy Dresser-Rand – sources
au.news.yahoo.com

NEW YORK/LONDON (Reuters) – Industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group Inc for all cash, according to people familiar with the matter, in a move that would significantly boost the …

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Flint Hills to come down
www.oaoa.com

The assets for sale would be useful to nearby REXtac, the polypropylene plant that is also part of what was once the El Paso Products Company, said Steve Lewandowski, an olephins analyst at IHS Chemical in Houston. REXtac is in the midst of a more than …

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Exclusive: Siemens near deal to buy Dresser-Rand – sources
www.investing.com

NEW YORK/LONDON (Reuters) – Industrial conglomerate Siemens AG (DE:SIEGn) is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group Inc (N:DRC) for all cash, according to people familiar with the matter, in a move that would …

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Wyoming's oil boom makes hotel rooms scarce
www.seattlepi.com

Officials say drilling is up, and there are more oil and gas jobs now than there were last summer. The U.S. Commerce Department said Casper's economy grew by 7.1 percent in 2013. "It's oil and gas. That's what drives the state," McCreight said, noting …

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Fighting close to Libyan oilfield and refinery as rival 'oil minister' appears
uk.reuters.com

BENGHAZI Libya (Reuters) – Soldiers and police have clashed in the last few days near Libya's biggest El Sharara oilfield in the south, while separate fighting erupted in the west not far from the Zawiya refinery, residents and medics said. The …

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Snack attack: Greeley-Evans School District 6 focuses on healthier vending …
www.greeleytribune.com

Greeley-Evans School District 6 owns all of the vending machines within the district except for those at Heath Middle School and Meeker Elementary School. The district gives each school with a vending machine commission for having the vending machine …

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