Tag Archives: HAL

Halliburton (NYSE:HAL) Swings to Loss in Fiscal First Quarter on Litigation Reserves – HAL, SLB, BHI, WFT

Halliburton Company (NYSE:HAL) returned to fiscal Q1 loss on a $637 million boost in reserves linked with litigation involving the Deepwater Horizon disaster, while elsewhere expansion in the company’s international activity again assisted counterbalance weakness in North America.

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Caterpillar Inc. (NSYE:CAT) and Halliburton Co. (NYSE:HAL) Reports Dreary Quarterly Figures

Caterpillar Inc. (NSYE:CAT) reported on Monday that its first-quarter profit declined to $880 million or $1.31 per share, as compared to $1.59 billion or $2.37 per share, in the year-earlier same quarter.

The equipment manufacturer’s revenue declined to $13.21 billion …

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Halliburton (NYSE:HAL) to Incur $30 Million Foreign Currency Loss in Fiscal Q1 – HAL, BHI, WFT, RES

Halliburton Company (NYSE:HAL) reported on Monday that it will incur a $30 million foreign currency loss in the primary Q1 linked with the Venezuelan government’s devaluation of the nation’s currency.

Venezuela previous week reported that it would lower the value …

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Marathon Oil (NYSE:MRO) Declares Fiscal Fourth Quarter Results; Profit Tumbles – MRO, CVX, XOM, ANR, VLO, GDP, GPOR, CHK, HAL

Marathon Oil Corporation (NYSE:MRO) announced on Wednesday that net income in the fiscal Q4 of 2012 was $322 million or $0.45 a share, low from $549 million or $0.78 a share in similar period previous year.

The company’s adjusted net …

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Spectra Energy (NYSE:SE) Net Tumbles in Fiscal Q4 on Lower Revenue – SE, EPD, KMI, HAL, AKS, VALE, FCS, PBR, ANR

Spectra Energy Corp (NYSE:SE) announced on Tuesday that fiscal Q4 earnings moved down 26% as distribution and transmission revenue both fell.

The company announced a profit of $213 million or 32 cents per common unit for the fourth quarter, evaluated …

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Loss Swells at Dow Chemical Co. (NYSE:DOW) on Superior Restructuring Costs – DOW, HAL, PFE, AA, VALE, OXY, CHK, XOM, COP

Dow Chemical Co. (NYSE:DOW) jumped up to a fourth-quarter loss as the chemical giant was hammered badly by $990 million in costs associated to a rearrangement plan launched in 2012 along with a $220 million write-down, though core earnings enhanced.…

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