Halliburton

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    • Halliburton Almost Doubles 2Q Profit

      Posted by Billbar from Yahoo News!

      Oil services conglomerate Halliburton Co. posted second-quarter net income nearly double that of a year ago mostly on strong demand for and higher prices charged by its energy services sector, the company announced late Thursday. Dave Lesar, Halliburton's chairman, president and chief executive, said that Halliburton remains committed to "a full and complete separation of KBR from Halliburton in the near term through an initial public offering and/or a tax free spinoff to our shareholders." Earlier this month, the Army announced it will rebid the multibillion-dollar contract under which KBR has been providing services to troops around the world after years of complaints over how the deal has worked in Iraq.

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    • Army to End Expansive, Exclusive Halliburton Deal

      Posted by Billbar from Washington Post

      The Army is discontinuing a controversial multibillion-dollar deal with oil services giant Halliburton Co. to provide logistical support to U.S. troops worldwide, a decision that could cut deeply into the firm's dominance of government contracting in Iraq. Army spokesman Dave Foster said in a written response to questions that funding for 11 contracts covering various aspects of reconstruction -- including transportation, communications, water distribution and the electric grid -- will expire this fall. While the contractors will be allowed to finish any work previously requested, no new work can be ordered after September.

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      Protesters Arrested at Halliburton Shareholders Meeting

      Posted by Billbar from Yahoo News!

      Protesters carried signs such as "Bush Lied," and "Record Corrupt Blood Soaked Profits." Oklahoma Veterans for Peace lined up 37 pairs of combat boots to represent Oklahoma soldiers killed in Iraq. "I think many Americans, myself included, are concerned that America is becoming a nation of, for and by corporate profits," said Nathaniel Batchelder, a member of the veterans group.

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    Damianmann comments on:

    Think Progress » Rep. Hunter: Ann Coulter Is ‘Approaching That Level Of Being A Great American’

    He’s an effin’ retard

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    5:18 pm 7/03/07
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    Jeff comments on:

    Think Progress » Rep. Hunter: Ann Coulter Is ‘Approaching That Level Of Being A Great American’

    Isn’t Hunter under investigation for corruption?

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    11:00 am 7/03/07
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    Billbar comments on:

    Army to End Expansive, Exclusive Halliburton Deal

    The Army contracts will end, but the Iraqi government will still need to let out contracts for reconstruction and Halliburton will be right there.

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    6:56 am 7/12/06
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    Jeff

    Member since Dec 2008

    Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.

    Seattle