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

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

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."