20.04.2015 - We see no reason for the growth of Halliburton shares

Shares of the company Halliburton Co will likely continue to rise after the publication of the report for the first quarter. Thus, the company's revenue fell by 4% to $ 7.1 billion and loss totaled 643 million dollars, which was due to write-downs, fines, dismissal of staff that led the company payment of 823 million dollars. The reason for the fall of the financial performance of the decline in activity in the oil and gas industry due to low oil prices. Given the decline in demand for the company's products, we see no reason to continue for the growth despite the short-term positive.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.