Schlumberger Limited

4:40 pm, 17 Oct 2008: Market Updates

4:40 pm : The week's wild ride has concluded, but onlookers might not know it by the relatively mild close had on Friday. The S&P 500 surged almost 12% Monday, suffered its biggest drop since the 1987 crash on Wednesday, and rallied more than 4% Thursday. On Friday alone the index swung nearly 7% from low to high before finishing with a 0.6% loss.

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CNOOC abandons $18.5bn bid for Unocal | FT (6 years 27 weeks ago):

CNOOC on Tuesday dropped its $18.5bn bid for Unocal, ending the most ambitious takeover attempt b...

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