More Baker Hughes (BHI) Q1. Net profit slips to $379M from $381M as pricing pressure in N....

|About: Baker Hughes Inc. (BHI)|By:, SA News Editor

More Baker Hughes (BHI) Q1. Net profit slips to $379M from $381M as pricing pressure in N. America, which is likely to extend throughout the year, offsets a stronger performance at firm's international ops. Expects "significant benefits" from improving its distribution network and boosting supplies of raw materials. Shares +3%.