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 …
Read the full article at: https://www.fool.com/investing/2017/10/21/baker-hughes-a-ge-company-takes-a-hit-from-restruc.aspx