UPDATE 1-Oilfield service firm Weatherford posts big loss; shares dive
February 02, 2018 at 09:58 AM EST
HOUSTON, Feb 2 (Reuters) - Weatherford International Plc on Friday reported a larger-than-expected fourth-quarter loss on $1.6 billion in charges, and its shares slid more than 16 percent on doubts that the oilfield firm is executing a turnaround after years of losses.
