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Halliburton Revenue Rises on Iraq Work

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Maeve Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-03 12:26 PM
Original message
Halliburton Revenue Rises on Iraq Work
http://story.news.yahoo.com/news?tmpl=story&u=/nm/energy_halliburton_earns_dc
HOUSTON (Reuters) - Halliburton Co., the second largest oilfield services company, on Wednesday said third-quarter revenue rose, largely because of government work related to Iraq, but earnings fell 38 percent on legal charges.
The Houston-based company, which has drawn much attention for U.S. government contracts supporting the military occupation of Iraq, reported net income fell to $58 million, or 13 cents per share, from $94 million, or 22 cents a share, last year. <more>
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Your tax dollars at work.
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proud patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-03 12:29 PM
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1. Shouldn't Haliburton have to Sacrafice too ?
:mad: :grr: :mad:
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denverbill Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-29-03 12:47 PM
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2. Yeah, legal charges.
They somehow neglected to mention that Congress is virtually certain to pass a bill limiting their liability for asbestos claims. That'll be a multi-billion dollar windfall for both Halliburton and ABB (Rumsfeld's former company)
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