Schlumberger posts 19.8 percent fall in quarterly profitTop oilfield services provider Schlumberger NV reported a 19.8 percent fall in quarterly profit on Thursday, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.
from R…Read More
Honeywell beats profit estimates, raises full-year forecastHoneywell International Inc on Thursday reported a better-than-expected quarterly profit and raised its full-year financial forecast as a boom in air travel drove demand for its aircraft parts used in the commercial airline i…Read More
Blackstone to switch from a partnership to a corporationBlackstone Group LP, the world's largest manager of alternative assets such as private equity and real estate, said on Thursday it would convert from a partnership to a corporation, in a bid to get more investors into its sto…Read More
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