Hints and tips:
...Oslo-listed Subsea 7 has the largest exposure to Petrobras; US-listed generalists, such as Halliburton and Weatherford, have relatively little exposure to Brazil....
...US stocks followed European markets lower amid concerns about global growth....
...Competition for the deal is likely to have been stiff; the well support division was reported to have attracted interest from leading US oil services groups Halliburton, Weatherford International and Cameron...
...Halliburton, Cameron International, and Weatherford International, the US oil services groups, were reported to have been interested. GE was advised by Citigroup and Wood Group by Credit Suisse....
...Still, results from oil services companies Halliburton and Weatherford International left investors unimpressed....
...ExxonMobil fell 2.8 per cent to $28.29, and Weatherford International slid 5.4 per cent to $38.12....
...US stocks closed lower on Wednesday as investors grew cautious following a mixed batch of corporate earnings....
...Marathon Oil declined 3.4 per cent to $84.18 and Weatherford International fell 2.1 per cent to $43.35....
...Oil services group Weatherford International added 8.6 per cent to $41.72, and Marathon Oil rose 8 per cent to $76.90....
International Edition