Massive Company Moving Into Shale Gas
Source: The Motley Fool
Lufkin :: TX :: USA | updated 2013-04-18 10:11:59 -0700 | business-news
With Lufkin being a major player in the booming shale-extraction space, this acquisition has major implications for a wide range of other companies. This transaction could have a major impact on the industry itself. Lufkin's products are integral to the...
Why GE's Betting on Oil & Gas
Source: The Motley Fool
Lufkin :: TX :: USA | updated 2013-04-15 11:49:58 -0700 | business-news
It Will Increase General Electric's Market Share in the Artificial Lift Segment This deal is in line with General Electric's M&A strategy of deals between one and four billion focused on the oil & gas sector. Lufkin is a global...
Stock Market Today: Will a Bad Earnings Season Spoil This Year's Gains?
Source: Money Morning
Lufkin :: TX :: USA | updated 2013-04-08 13:30:13 -0700 | business-news
earnings after the bell-the unofficial kick-off to Q1 earnings reports. Red flags are waving that companies will report a slowdown in corporate profits. A number of companies have delivered lower guidance, with pre-earnings announcements sloped to the negative side.
GE to Acquire Lufkin Industries
Source: The Motley Fool
Lufkin :: TX :: USA | updated 2013-04-08 14:54:41 -0700 | business-news
GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for each...
Log Truck Drivers Beware!
Posted by: pacredit
Lufkin :: TX :: USA | updated 2012-11-01 22:29:11 -0700 | your-story
My husband is a former employee of David Williams, dba JD Logging in Huntington, Texas. David is the former husband the convicted child molester, Melissa Williams.While driving for David, he repeatedly told him about infractions on his trucks, which he...
‘Good Time’ Charlie Wilson Dies at 76
Posted by: Nathaniel Hines
Lufkin :: TX :: USA | updated 2012-11-02 03:55:05 -0700 | obituaries-news
The former Texas Congressman (D) with a penchant for scotch, leg and a kibosh for the Soviet Union has died at 76 today, February 10, 2010. Charlie Wilson, known during his hey day as Good Time Charlie a hard-drinking womanizing...
Lufkin Industries delays awarded payout to workers
Posted by: PatsyObi
Lufkin :: TX :: USA | updated 2009-10-25 06:27:53 -0700 | business-news
African Americans were awarded over 5 million dollars in back pay by a federal judge. This lawsuit has been ongoing over 12 years. African Americans were passed over for promotions, worked in hot and humid environments. They deserve to be...
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