Baker Hughes Jumping (BHI)

Baker Hughes Incorporated BHI is up 5% this morning, after the oil services company reported better than expected earnings. Excluding items, Baker Hughes would have earned 54 cents a share on revenues of $4.08 billion, far better than the 47 cents and $3.7 billion Wall Street was expecting. Revenues rose 83% year over year, after the company's acquisition of BJ Services.