Weatherford (WFT -16.2%) pledges to sharpen its focus on higher quality growth, taking a more...


Weatherford (WFT -16.2%) pledges to sharpen its focus on higher quality growth, taking a more selective approach to expansion after more than a year of tending to tax problems, CEO Bernard Duroc-Danner says during its Q3 conference call: "Do we need to be emphasizing as many product lines as we do with the same degree of both people and capital support? The answer to that question is no."

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Comments (2)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    No crap Sherlock! You're stock is the lowest since March 2009. Obviously you're doing something WRONG!
    13 Nov 2012, 03:57 PM Reply Like
  • fuel
    , contributor
    Comment (1) | Send Message
     
    I lost any faith in WFT's management to improve the balance sheet. It seems they are unable to run a company. Today I sold all my WFT stocks for a loss of over 30%.
    14 Nov 2012, 06:25 AM Reply Like
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