Baker Hughes posted a loss of $41.2...
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Baker Hughes posted a loss of $41.2 million for its third quarter. The Houston company, formed in April, said that compared to the year-ago quarter, when Baker and Hughes were separate entities, the operating loss has declined by about $18 million based on a revenue increase of about $18 million. The company said succeeding quarters should show further progress, because of increasing activity in petroleum markets.
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