July 21 (Reuters) - Oilfield services provider Baker Hughes
Inc BHI.N , which is being acquired by larger rival Halliburton
Inc HAL.N , posted a quarterly loss, compared with a year-ago
profit, as a steep drop in oil prices kept a lid on drilling
activity.
Net loss attributable to Baker Hughes was $188 million, or
43 cents per share, in the second quarter ended June 30,
compared with a profit of $353 million, or 80 cents per share, a
year earlier. ID:nPn393h7J
Revenue dropped 33 percent to $3.97 billion.