Halliburton Co (HAL)
18 Apr 2019
A once-promising securities class action against Best Buy came to a whimpering end on Friday, when U.S. District Judge Donovan Frank of St. Paul, Minnesota, granted summary judgment to the electronics chain, which had been accused of misrepresenting its projected earnings in a conference call with analysts way back in 2010.
* IMF cuts global growth forecasts for the second time in 3 mths
Shares of oilfield firm Halliburton Co fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and a pledge to reduce 2019 spending.
Jan 22 Shares of oilfield firm Halliburton Co fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and a pledge to reduce 2019 spending.
Jan 22 Oilfield services provider Halliburton Co on Tuesday forecast a 20 percent lower capital expenditure in 2019 compared with a year earlier.
Jan 22 Oilfield services provider Halliburton Co reported a quarterly profit on Tuesday, compared with a loss for the same period a year ago when it set aside $1.05 billion for income tax payments related to a change in U.S. taxes.
WASHINGTON, Jan 14 The U.S. Supreme Court on Monday turned away a bid by U.S. troops sickened by smoke from open-air pits used to burn waste in Iraq and Afghanistan to revive a lawsuit against defense contractors KBR Inc and Halliburton Co.
Military contractors KBR Inc and Halliburton Co have urged the U.S. Supreme Court not to revive dozens of lawsuits filed by veterans who say they were poisoned by toxic smoke from open-air “burn pits” the companies used for waste disposal on forward operating bases in Iraq and Afghanistan starting in 2001.
U.S. stocks closed lower in a shortened post-holiday trading session on Friday as the energy sector tumbled on continued weakness in oil prices, and the benchmark S&P 500 confirmed its second correction of 2018. | Video
* Dow down 0.41 pct, S&P down 0.27 pct, Nasdaq up 0.03 pct (Changes comment, adds details, updates prices)