The knives are out for Weatherford (WFT -13.7%) after the energy services company posted a weak...

|About: Weatherford International Ltd. (WFT)|By:, SA News Editor

The knives are out for Weatherford (WFT -13.7%) after the energy services company posted a weak Q3 and warned of further accounting discrepancies in previous quarters that likely will lead to a "growing sense of unease and alarm," Simmons & Co. writes. Barclays cuts its rating and says it has "less confidence that a turnaround is achievable in the next two quarters."