Baker Hughes Archives - CFO

GE Keeping Faith in Baker Hughes Merger

GE Keeping Faith in Baker Hughes Merger

GE had been exploring "exit options" but CFO Jamie Miller says it now sees "a lot of upside" for Baker Hughes.

By Matthew Heller | February 23, 2018

GE Chair Mulls Breakup of Company

Mergers & Acquisitions

GE Chair Mulls Breakup of Company

General Electric's three core assets — power, aviation, and healthcare — may one day be up for grabs.

By David Katz | January 16, 2018

How to Gauge M&A Supply Chain Uncertainties

Working Capital

How to Gauge M&A Supply Chain Uncertainties

There's a gap that many acquirers are starting to pay more attention to: the supply chain uncertainty created when companies combine.

By Kai Trepte | January 13, 2017

General Electric to Raise $4B From Sales of Industrial Units

General Electric to Raise $4B From Sales of Industrial Units

“We’ve made the company simpler. We’ve made the company deeper," CEO Jeff Immelt says.

By Matthew Heller | December 15, 2016

GE, Baker Hughes to Merge Oil, Gas Businesses

GE, Baker Hughes to Merge Oil, Gas Businesses

The companies believe the combined entity will be positioned to benefit from the expected recovery in oil prices.

By Matthew Heller | October 31, 2016

The Year of Dealing Dangerously

The Year of Dealing Dangerously

Antitrust actions, buyer cautiousness, and longer due diligence phases have all contributed to a slowdown in mergers and acquisitions.

By Vincent Ryan | July 14, 2016

Activist Fund Fined $11M on Antitrust Charges

Risk & Compliance

Activist Fund Fined $11M on Antitrust Charges

ValueAct failed to notify regulators that it purchased stock in Baker Hughes and Halliburton after the two companies proposed a merger, says the DOJ.

By Matthew Heller | July 13, 2016

Baker Hughes Refocusing After Merger Deal Dies

Baker Hughes Refocusing After Merger Deal Dies

The oilfield services giant will use its $3.5 billion breakup fee from Halliburton to fund a $1.5 billion share buyback.

By Katie Kuehner-Hebert | May 2, 2016

Halliburton Cuts 6,000 Jobs as Revenue Falls 17%

Halliburton Cuts 6,000 Jobs as Revenue Falls 17%

"What we are experiencing today [in the energy industry] is far beyond headwinds; it is unsustainable," Halliburton's president says.

By Katie Kuehner-Hebert | April 25, 2016

U.S. Sues to Block Halliburton-Baker Hughes Deal

U.S. Sues to Block Halliburton-Baker Hughes Deal

"I have never seen [a merger] that poses so many antitrust problems in so many markets," a top Justice Department official says.

By Matthew Heller | April 6, 2016

Halliburton Pushing to Keep Baker-Hughes Deal Alive

Halliburton Pushing to Keep Baker-Hughes Deal Alive

The oilfield services supplier has taken another step to ease the concerns of regulators who fear the merger would be anticompetitive.

By Matthew Heller | January 25, 2016

Antitrust Cloud Over Halliburton-Baker Hughes Deal

Antitrust Cloud Over Halliburton-Baker Hughes Deal

The U.S. Justice Department reportedly is concerned over whether other oilfield-services companies will provide credible competition.

By Matthew Heller | December 11, 2015

CFOs on the Move: Week Ending Sept. 12

CFOs on the Move: Week Ending Sept. 12

Cardinal Health, Dow Chemical, Delphi Automotive, Baker Hughes, Rose Associates, Hardin Holdings, Western Digital, First Advantage, First Calif. Mortgage

By David McCann | September 12, 2014

Smarter Operations

Management Accounting

Smarter Operations

Merck and GM have raised the financial IQ of their operational workers.

By Edward Teach | March 21, 2013

A Well-Oiled Machine

A Well-Oiled Machine

How oil giant Baker Hughes integrated its far-flung finance operations.

By Russ Banham | March 21, 2013