Business News Archive - August 07, 2009

HOUSTON, Aug. 7 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for July 2009 was 974, up 7 from the 967 counted in June 2009, and down 118 from the 1,092 counted in July 2008.

INDEPENDENCE, Kan., Aug. 7 /PRNewswire-FirstCall/ -- Allenergy, Inc. (Pink Sheets: ALRY), an independent oil and gas producer focused on Southeastern Kansas, has launched a strategic review of its 12-property portfolio after receiving indications of interest from potential purchasers.

INDIANA, Pa., Aug. 7 /PRNewswire-FirstCall/ -- Superior Well Services, Inc.

DENVER, Aug. 7 /PRNewswire-FirstCall/ -- Cimarex Energy Co. (NYSE: XEC) today reported second-quarter 2009 financial and operating results. For the quarter, Cimarex reported net income of $38.8 million, or $0.46 per share.

HOUSTON, Aug. 7 /PRNewswire-FirstCall/ -- U.S. Concrete, Inc.

- Total revenues of $136.9 million and EBITDA(1) of $125.6 million - Net income of $27.6 million, or $0.35 per diluted common share - Adjusted net income(1) of $26.9 million, or $0.34 per diluted common share - Adjusted net income plus depreciation and amortization(1) of $81.4 million, or $1.03 per diluted common share - All aircraft on lease at quarter end; 98% weighted average fleet utilization STAMFORD, Conn.,.

VANCOUVER, Aug. 7 /PRNewswire-FirstCall/ - Ritchie Bros. Auctioneers Incorporated (NYSE and TSX: RBA) announces net earnings for the six months ended June 30, 2009 of $58.7 million, or $0.56 per diluted share, and adjusted net earnings of $58.1 million, or $0.55 per diluted share.

Word of the Day
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).