Halliburton Company (HAL)
After hours: 07:07PM EDT
- Benzinga
5 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform. Cloudera The Trade: Cloudera,
- Oilprice.com
Oil Prices Under Pressure From China's Evergrande Crisis
The potential implosion of China's property market and broader economy sent oil prices tumbling at the start of the week
- Reuters
Lebanon seeking answers over Halliburton offshore Israel contract
Lebanon's Prime Minister Najib Mikati has asked his foreign minister to seek clarification from the international community after Israel granted U.S. oilfield services group Halliburton an offshore drilling contract in the Mediterranean. Lebanon and Israel are in dispute over the delineation of their territorial waters in the Mediterranean and negotiations between the old foes could lead to Lebanon being able to unlock valuable gas reserves amid its worst-ever financial crisis.
