More on Baker Hughes (BHI -3.4%) Q4: net profit hit by an after-tax charge of $220M related to...

|About: Baker Hughes, a GE company (BHGE)|By:, SA News Editor

More on Baker Hughes (BHI -3.4%) Q4: net profit hit by an after-tax charge of $220M related to the impairment of certain trade names. A rise in costs and issues at its pressure pumping ops also hurt earnings, although Baker Hughes expects growth in Latin America and the Middle East, and in deepwater markets to continue this year. (PR)