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


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%.

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