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Halliburton third-quarter net income rises 19%

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douglas9 Donating Member (762 posts) Send PM | Profile | Ignore Mon Oct-22-07 05:33 AM
Original message
Halliburton third-quarter net income rises 19%
Source: Associated Press

HOUSTON (AP) - Halliburton said today its earnings rose 19% in the third quarter, as the company continues to expand its business in the Eastern Hemisphere.

The Houston-based oilfield services company reported net income of $727 million, or 79 cents a share, in the July-September period. That's compared to income of $611 million, or 58 cents a share, in the year-ago period.

The most-recent results included a favorable income tax impact valued at $133 million, or 15 cents a share.

Third-quarter revenue rose 16% to $3.93 billion.

Read more: http://www.kxan.com/global/story.asp?s=7243925&ClientType=Printable
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billyoc Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 05:35 AM
Response to Original message
1. See? Who says all the war news is bad.
:puke:
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Vidar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 05:55 AM
Response to Original message
2. Sounds ripe for nationalization & confiscation. Too bad Pelosi is
married to an oil lobbyist.
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leftchick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 07:14 AM
Response to Reply #2
3. interesting to know that
how many other democrats are profiting from the Occupation of Iraq? It certainly explains a lot.
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douglas9 Donating Member (762 posts) Send PM | Profile | Ignore Mon Oct-22-07 07:47 AM
Response to Reply #3
5. Successful investor has taken care to avoid causing controversy
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douglas9 Donating Member (762 posts) Send PM | Profile | Ignore Mon Oct-22-07 07:58 AM
Response to Reply #2
6. Oil Lobbyist?
Can you provide a link for that please?
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Vidar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-23-07 06:28 AM
Response to Reply #6
11. According to your above quotation, I stand corrected. I was going by
second hand information.
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douglas9 Donating Member (762 posts) Send PM | Profile | Ignore Tue Oct-23-07 06:45 AM
Response to Reply #11
13. Thanks for the clarification.....thought i had missed something....
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 10:23 AM
Response to Reply #2
10. No, in the US we nationalize the sick industries to spread the loss,
and privatize the healthy ones to cut regular americans out of the bounty.
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Vidar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-23-07 06:28 AM
Response to Reply #10
12. Vat a country!!!
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 07:38 AM
Response to Original message
4. No bid contracts are certainly the way to go
:sarcasm:
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olddad56 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 09:18 AM
Response to Original message
7. interesting that they reported earnings on a Sunday.
I think they are lying about the numbers. Look at the revenue #. I think the bottom line had to be higher.
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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 09:59 AM
Response to Original message
8. It Isn't Capitalism Anymore When Robber Barons Buy the Government
There is another word for that form of government. It starts with an "F".
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 10:21 AM
Response to Original message
9. I have refused to invest in death since * moved into the WH - no war stocks, no health (non-)care
it's cost me money, but makes me feel better.
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