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HALISTER: Baker Hughes to Buy Back $1.5b of Stock, $1b of Debt

Baker Hughes to Buy Back $1.5b of Stock, $1b of Debt

(Bloomberg) -- Baker Hughes to simplify organization, cut costs; sees $500m of annualized savings by YE16.
  • BHI down 1.6% pre-mkt after deal w/ HAL collapses
Statement: NSN O6JQKC3MMTC1
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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BHI US (Baker Hughes Inc)

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