A Decline in Operating Profit: Suspects Baker Hughes
Submitted by Isha Sondhi on Thu, 03/22/2012 - 12:33
Considering the changing market conditions, Baker Hughes Inc. BHI suspects the chances of its first-quarter operating profit to decline from the preceding quarter by 5.81%. According to their calculations and survey, it seems that due to market conditions, their product line has been badly affected in North America.
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