News: Aker Solutions ASA (AKSO.OL)

AKSO.OL on Oslo Stock Exchange

88.55NOK
12 Sep 2014
Price Change (% chg)

kr1.50 (+1.72%)
Prev Close
kr87.30
Open
kr87.45
Day's High
kr89.20
Day's Low
kr87.30
Volume
925,173
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696,348
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kr116.80
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Thu, Sep 4 2014

Aker Solutions, Baker Huges win subsea alliance approval

OSLO, Sept 4 - Norway's Aker Solutions and Baker Hughes of the United States have received regulatory approvals for an alliance of their subsea divisions, the Norwegian firm said on Thursday.

UPDATE 1-Norway's Aker Solutions to take $211 mln writedown

* Market had already priced in the hit - analyst (Adds shares, analyst, detail)

INTERVIEW-Oil majors must give longer service deals to cut costs - Aker boss

* Cost-cutting by oil firms to last a couple of years, he says

UPDATE 2-Aker Solutions to split into two as some markets sour

* Share falls 4 pct after initially gaining 3 pct (Adds CEO, analysts, stock)

NORDIC STOCKS-Factors to watch on April 30

HELSINKI, April 30 - The following stocks may be affected by newspaper reports and other factors on Wednesday:

Norway's Aker Solutions to split in two

OSLO, April 30 - Norwegian engineering firm Aker Solutions will split into two companies to reduce costs and boost competitiveness, the firm said on Wednesday.

Baker Hughes, Aker Solutions form subsea alliance

OSLO - Oil services firms Baker Hughes and Aker Solutions agreed on Tuesday to form an alliance for their subsea divisions in an attempt to reduce costs as their customers - oil companies around the world - cut back on spending.

UPDATE 1-Baker Hughes, Aker Solutions form subsea alliance

OSLO, April 22 - Oil services firms Baker Hughes and Aker Solutions agreed on Tuesday to form an alliance for their subsea divisions in an attempt to reduce costs as their customers - oil companies around the world - cut back on spending.

Baker Hughes, Aker Solutions form subsea alliance

April 22 - Oil services firms Baker Hughes and Aker Solutions agreed on Tuesday to form an alliance to develop subsea production solutions to boost recovery rates at a lower cost in offshore fields.

UPDATE 2-NORDIC STOCKS - Factors to watch on April 15

(Adds Aker Solutions, Alma Media and Norsk Hydro, updates H&M and SKF)

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