Baker Hughes, a GE Co. upgraded to buy from neutral at UBS

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Baker Hughes reports a second-straight weekly rise in the U.S. oil-rig count

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil climbed by 6 at 765 this week. The oil-rig count had climbed by 12 last week. However, the total active U.S. rig count, which includes oil and natural-gas rigs, fell by 1 to 946, according to Baker Hughes. March West Texas Intermediate crude was down 60 cents, or 0.9%, from Thursday, to $65.20 a barrel, down from $65.25 shortly before the rig data.

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