Company News
Get up-to-the-minute information on the latest Smith International, Inc. news, events and press releases as well as access to the archive of past company news.

DateTitle
07-27-2010SCHLUMBERGER-SMITH MERGER RECEIVES UNCONDITIONAL CLEARANCE
Schlumberger Ltd (NYSE: SLB) and Smith International, Inc. (NYSE: SII) jointly announced today that the U.S. Department of Justice has cleared their proposed merger without any conditions.
07-26-2010SCHLUMBERGER-SMITH MERGER RECEIVES UNCONDITIONAL CLEARANCE
Schlumberger Ltd (NYSE: SLB) and Smith International, Inc. (NYSE: SII) jointly announced today that the European Commission has cleared the proposed merger under the EC Merger Regulation without any conditions.
07-15-2010SMITH INTERNATIONAL, INC. ANNOUNCES DATE FOR STOCKHOLDER MEETING TO CONSIDER SCHLUMBERGER TRANSACTION
Smith International, Inc. (NYSE: SII) announced today the date and record date for the 2010 annual meeting of stockholders.
06-06-2010SMITH INTERNATIONAL, INC. Schedules Earnings ANNOUNCEMENT
Smith International, Inc. (NYSE: SII) stated today that they intend to issue a press release announcing second quarter earnings before the NYSE market open on Tuesday, August 3rd.
05-03-2010SMITH INTERNATIONAL, INC. CLOSES ACQUISITION OF AT BALANCE
HOUSTON, Texas (May 3, 2010)... Smith International, Inc. (NYSE: SII) announced today that the agreement to acquire @Balance, B.V. from Shell Technology Ventures Fund 1 B.V closed on Thursday April 15, 2010.
04-28-2010SMITH INTERNATIONAL, INC. REPORTS FIRST QUARTER 2010 RESULTS
HOUSTON, Texas (April 28, 2010)... Smith International, Inc. (NYSE: SII) today announced first quarter income from continuing operations of $46.5 million, or $0.19 per diluted share, excluding pre-tax charges of $23.0 million and $16.5 million related to the Venezuelan currency devaluation and transaction related costs, respectively.
04-23-2010SMITH INTERNATIONAL, INC. CONFIRMS STATUS OF PERSONNEL ON DEEPWATER HORIZON
HOUSTON, Texas (April 23, 2010)... Smith International, Inc. (NYSE: SII) confirms that five M-I SWACO employees were aboard the Transocean Deepwater Horizon at the time of the incident that occurred in the evening of April 21st.
04-22-2010SMITH INTERNATIONAL, INC. DECLARES REGULAR QUARTERLY DIVIDEND
HOUSTON, Texas (April 22, 2010)... Smith International, Inc. (NYSE: SII) announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.12 per share.
04-15-2010M-I SWACO AWARDED SIGNIFICANT MULTI SERVICE CONTRACT IN ANGOLA, WEST AFRICA
HOUSTON, Texas (April 15, 2010)... Smith International, Inc. (NYSE: SII) announced today that M-I SWACO has been awarded a substantial multi services contract inclusive of drilling and completion fluids, drilling waste management, filtration, wellbore clean up tools, vessel cleaning and related services by Cabinda Gulf Oil Company Limited, a subsidiary of Chevron.
04-05-2010SMITH INTERNATIONAL, INC. RECEIVES U.S. ANTITRUST SECOND REQUEST
HOUSTON, Texas, April 5, 2010 — Smith International, Inc. (NYSE: SII) announced today that it has received a request for additional information, commonly known as a “second request”, from the Antitrust Division of the United States Department of Justice in connection with the proposed merger with Schlumberger Limited.
03-11-2010SMITH INTERNATIONAL, INC. CANCELS EARNINGS ANNOUNCEMENT
HOUSTON, Texas, March 11, 2010 — Smith International, Inc. (NYSE: SII) announced today that the earnings release and related conference call scheduled for April 29, 2010 has been cancelled.
02-21-2010SCHLUMBERGER AND SMITH INTERNATIONAL ANNOUNCE AGREEMENT
HOUSTON, Texas, February 21, 2010 — Schlumberger Ltd (NYSE: SLB) and Smith International, Inc. (NYSE: SII) jointly announced today that their Boards of Directors have unanimously approved a definitive merger agreement in which the companies would combine in a stock-for-stock transaction.
02-11-2010Smith International, Inc. Agrees to Acquire At Balance
HOUSTON, Texas (February 11, 2010)... Smith International, Inc. (NYSE: SII) announced today that it has agreed to acquire @Balance, B.V. from Shell Technology Ventures Fund 1 B.V.
02-04-2010Smith International, Inc. Announces Earnings Release and Conference Call Information
HOUSTON, Texas (February 4, 2010)... Smith International, Inc. (NYSE: SII) announced that it plans to release financial results for the period ended March 31, 2010 on Thursday, April 29, 2010 prior to the opening of the New York Stock Exchange.
02-04-2010Smith International, Inc. Declares Regular Quarterly Dividend
HOUSTON, Texas (February 4, 2010)... Smith International, Inc. (NYSE: SII) announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.12 per share.
01-27-2010SMITH INTERNATIONAL, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR RESULTS
HOUSTON, Texas (January 27, 2010)... Smith International, Inc. (NYSE: SII) today announced fourth quarter net income of $20.1 million, or $0.09 per diluted share on revenue of $1.98 billion. In comparison, third quarter of 2009 earnings from continuing operations, net of charges, were $14.8 million or $0.07 per diluted share on revenue of $1.88 billion, while in the comparable prior-year fourth quarter, earnings from continuing operations, net of charges, were $218.6 million on revenue of $3.06 billion.
01-26-2010Smith International, Inc. to Present at the Credit Suisse 2010 Energy Summit
HOUSTON, Texas (January 26, 2010)... Smith International, Inc. (NYSE: SII) announced today that John Yearwood, President and Chief Executive Officer, will present at the Credit Suisse 2010 Energy Summit in Vail, Colorado on February 5, 2010 at 9:35 a.m. eastern time (7:35 a.m. Mountain time).
01-05-2010SMITH INTERNATIONAL, INC. ANNOUNCES ACQUISITION
HOUSTON, Texas (January 5, 2010)... Smith International, Inc. (NYSE: SII) announced that on December 31, 2009 its PathFinder Energy Services business acquired a contract with Petróleo Brasileiro (“Petrobras”) representing an estimated $80-100 million of revenue over the 3-year term and substantially all of the directional drilling assets from San Antonio International do Brasil.