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Actionable news in BHI: BAKER HUGHES Inc,

Baker Hughes (BHI) Stock Downgraded at Jefferies

NEW YORK (TheStreet) -- Baker Hughes (BHI - Get Report) stock was downgraded to "underperform" from "buy" at Jefferies on Friday.

Earlier this week, the Justice Department filed an antitrust lawsuit to block the oilfield service provider's merger with Halliburton Co. (HAL). The deal is now unlikely to happen, Jefferies said.

Jefferies believes that Baker Hughes is not going to find another buyer or launch a share buyback.

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