Street Talk about Halliburton-Baker Hughes
November 14, 2014 at 15:04 PM EST
Oilfield-services company Halliburton (HAL) is in talks to buy smaller rival Baker Hughes (BHI). Today’s stock price action suggests that Wall Street is fine with deal. Both stocks are higher, though the gains have calmed considerably compared to the moves made late Thursday (when news of the talks broke). Today, Halliburton rose 1.8% and Baker [...]