BHI - 3295497

YHD - YHD Delayed Price. Currency in USD
At close: 6:07PM EDT
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  • Storing energy in compressed air could finally become cheap enough for the big time
    Quartz

    Storing energy in compressed air could finally become cheap enough for the big time

    To achieve a zero-carbon electric grid, we'll need technologies that can store solar and wind energy.

  • Reuters

    GE's Baker Hughes reports surprise negative free cash flow, shares fall

    Oilfield service companies, including bellweather Schlumberger NV and Halliburton Co, are planning to spend less in 2019, following in the footsteps of oil producers who have cut budgets in response to shareholder pressure for capital discipline rather than spending to grow their top line. Baker Hughes on Tuesday posted negative free cash flow of $419 million, compared with analysts' estimates of a positive $188.5 million. Baker Hughes Chief Financial Officer Brian Worrell attributed the reasons for the negative cash flow to annual payments related to employee compensation, delay in realizing some revenue and higher inventory that was built in expectations of more activity in the forthcoming quarters.