Baker Hughes, a GE Company, Takes a Hit From Restructuring Costs
Whenever two giant companies come together, you have to assume there are going to be some early headaches as the newly combined entity goes through the initial restructuring and builds a coherent long-term strategy. That seems to have been the case with Baker Hughes, a GE Company's (NYSE: BHGE) most recent quarterly results. (Side note: We're calling it BHGE from here on out, and if by chance a company exec is reading this, please change the name.)
Let's take a look a BHGE's most recent results, how much all the corporate changes cost the company, and what investors in this intriguing oil services and equipment giant should be thinking as the company comes into its own.
Source: Fool.com
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