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Thursday, August 27, 2015

Will GE Seek Deals After Schlumberger-Cameron Buy?

... than 250 jobs. The cuts were part of Lufkin Industries, an oil-pumping and drilling equipment manufacturer that Fairfield, Conn.-based GE bought in 2013. Citing declining oil prices, General Electric recently cut by 10% its annual forecast for ...

via http://news.investors.com/business/082715-768459-general-electric-and-oil-pump-sweepstakes.htm?ref=HPLNews

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