On Monday, Shares of Halliburton Company (NYSE:HAL), lost -4% to $40.12, after the oilfield services company received a second government request for more information concerning its projected $34.6 million purchase of rival Baker Hughes (BHI).
The European Commission joined the U.S. Department of Justice in requesting more information about the deal according to a company statement recently.
The company declared that it has certified substantial compliance with the Justice Department’s second request for additional information about the deal.
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.
Shares of Yamana Gold, Inc. (NYSE:AUY), declined -3.06% to $1.90, during its last trading session.
Yamana Gold is herein reporting its financial and operating results for the second quarter 2015, with some highlights offered as follows.
- Total gold production of 298,818 ounces representing a 7% enhance in gold production from ongoing operations contrast to the second quarter of 2014; counting
- 9% enhance in gold production at core operations(1) contrast to the second quarter of 2014.
- Total gold production of about 604,000 ounces to mid-year.
- By-product all-in sustaining costs (“AISC”)(2,3) of $896 per ounce of gold; counting
- $763 per ounce of gold at core operations.
- Production of 2.4 million ounces of silver at by-product AISC(2,3) of $10.72 per ounce.
Yamana Gold Inc. engages in gold mining and related activities, counting exploration, extraction, processing, and reclamation. The company has precious metal properties and land positions in the Americas.
Finally, Baker Hughes Incorporated (NYSE:BHI), ended its last trade with -4.47% loss, and closed at $55.55.
Baker Hughes Incorporated Chairman and Chief Executive Officer Martin S. Craighead declared that the Baker Hughes Board of Directors declared the regular quarterly cash dividend of $0.17 per share of common stock payable September 23, 2015 to holders of record on September 2, 2015.
Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The company offers drilling and evaluation products and services, which comprise drill bits for performance drilling, hole enlargement, and coring; conventional and rotary steerable systems used to drill wells; measurement-while-drilling and logging-while-drilling systems to perform reservoir navigation services; drilling optimization services; tools for coil tubing drilling and wellbore re-entry systems.
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