Information Provided By: 
Fly News Breaks for April 25, 2016
BHI, HAL
Apr 25, 2016 | 09:03 EDT
KeyBanc believes that the delay in Halliburton's (HAL) earnings release from April 25 until May 3 could indicate that the company will cancel its merger with Baker Hughes (BHI). The firm thinks that the $3.5B that Baker Hughes would obtain if the deal is canceled would help the company regain market share and improve its market position. However, the firm adds that accomplishing those goals will be difficult, particularly given the current environment. KeyBanc keeps Overweight ratings on Baker Hughes and Halliburton.
News For HAL;BHI From the Last 2 Days
