Tag Archives: Schlumberger

Text size David McNew / Getty Images Oil services company Schlumberger is cutting 21,000 jobs after a disastrous quarter. Analysts are optimistic. Schlumberger’s (ticker: SLB) second-quarter results, released Friday morning, were grim at first glance: a 35% year-over-year revenue decline and a plan to cut a quarter from staff. But …

Text size The second-quarter earnings season speeds up this week, with 78 S&P 500 companies on deck to report. Halliburton and IBM publish their results first on Monday, followed by Coca-Cola, Lockheed Martin, Texas Instruments and United Airlines on Tuesday. Tesla, Microsoft and Chipotle Mexican Grill are the best moments …