Halliburton Says Settlement on Track
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Petroleum and energy services giant Halliburton Co. on Friday said that a district court judge has signed an order that will allow its settlement of asbestos lawsuits to take effect by the end of this month.
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The largest American natural gas pipeline operator settled allegations of involvement in illegal payments under the United Nations oil-for-food program in Iraq.
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Oilfield services company Halliburton  Co  on Monday said its fourth-quarter net profit rose 5  percent, helped by growth in the its Eastern Hemisphere  business and a lower tax rate.
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Halliburton's engineering and  construction unit KBR expects its billing dispute over meals  for U.S. troops in Iraq to be settled soon, a senior KBR  executive said on Tuesday.
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Halliburton Co.  , the world's No. 2 oil field services company, on Tuesday posted a third-quarter net loss as charges from its asbestos liability weighed.
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Shell agreed today to finalized settlements with U.S. and UK regulators over its mis-statement of proven oil reserves.
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Halliburton Co. is gearing up to distribute $2.78 billion in cash and 59.5 million shares to thousands of asbestos and silica claimants, inching closer to leaving those inherited liabilities in the past.
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he United States Department of Labor announced yesterday that it had reached a $1.9 million settlement with a contractor for the Target Corporation after finding that the contractor had
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Deal moves closer to completion, but is still subject to shareholder approval.
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Halliburton Co. on Friday said a  federal court had signed an order that would end the company's  asbestos liability later this month, clearing another hurdle  for two of its subsidiaries to emerge from bankruptcy.
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NEW YORK, Aug 17  - In an otherwise listless credit market, Halliburton has created some drama with its ongoing saga with the Army over its accounting for $1.8 billion of work in Iraq and Kuwait.
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Halliburton said Monday the U.S. Army had decided to give the company more time to resolve a billing dispute before withholding payment of up to 15 percent of the company's bills in Iraq and Kuwait.
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Halliburton's latest deal showcases the money to be made in oilfield services.
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The US Army is laying the groundwork to let Halliburton Co. keep several billion dollars paid for work in Iraq that Pentagon auditors say is questionable or unsupported by proper documentation
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Halliburton reported a loss in the third quarter, hurt by charges from discontinued operations related to the settlement of asbestos and silica claims.
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The U.S. Army plans within months to  break up Halliburton Co.'s contract to provide support services  for U.S. troops in Iraq -- valued at up to $13 billion -- and  open the work to competitive bids, The Wall Street Journal said  on Tuesday, citing an internal Army memorandum.
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DALLAS (CBS.MW) -- US District Judge Barbara Lynn said Thursday she would rule next week on a proposed $6 million settlement between Halliburton and shareholders who accuse the giant energy contractor of inflating its share price.