All publications by tag «BHI»
2017, January, 26, 18:35:00
BAKER HUGHES NET LOSS $2.7 BLN
In the second half of 2016, we reduced annualized costs by nearly $700 million, exceeding our initial goal by almost 40%, paid down $1 billion in debt, repurchased more than $750 million in shares, accelerated innovation with nearly 70 new product introductions, and built new sales channels for our products and technology.