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Halliburton Posts Decline in Q2 Profits Amid Sluggish North America Drilling Activity and Industry Headwinds

Halliburton Posts Decline in Q2 Profits Amid Sluggish North America Drilling Activity and Industry Headwinds

Oilfield services giant grapples with weak regional demand, global uncertainty, and price pressures as Q2 earnings fall short  Halliburton Company, one of the world’s leading oilfield services firms, reported a significant drop in its second-quarter profit as drilling activity in North America continues to lose momentum. The downturn highlights the sector’s growing struggle with lower […]

Sysco Gains Analyst Confidence Amid Economic Headwinds: Bank of America Reiterates ‘Strong Buy’ With Upgraded Price Target

Sysco Gains Analyst Confidence Amid Economic Headwinds: Bank of America Reiterates ‘Strong Buy’ With Upgraded Price Target

 Foodservice distribution giant Sysco Corporation (NYSE: SYY) has once again drawn a vote of confidence from Wall Street, as Bank of America analyst Kendall Toscano reaffirmed a Strong Buy rating on the stock, raising its price target from $81 to $93. The revised outlook signals a bullish stance from the investment bank, reflecting growing optimism […]