Halliburton profit up 5 percent
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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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Profits at Australian mining firm WMC Resources rise fivefold as reports say the government is opposed to a bid from a Swiss firm.
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Record high oil prices sent quarterly  profit up 53 percent at ConocoPhillips COP.N and fueled  results at other oil giants Amerada Hess AHC.N and Kerr-McGee  Corp. KMG.N
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DALLAS (CBS.MW) -- Halliburton&#39;s shares closed higher Wednesday after the Army Materiel Command reversed its decision to withhold 15 percent of its future payments to the company under a contract to supply and support US troops in Iraq.
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Occidental Petroleum Corp. OXY.N on  Monday reported a higher quarterly profit, benefiting from high  oil and gas prices.
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Diversified manufacturer United  Technologies Corp. UTX.N on Friday said quarterly profit rose  10.5 percent on improved aerospace demand and strong growth in  its Otis elevator business.
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The No. 2 U.S. oil company reported a rise in quarterly profit pumped up by record oil and gas prices and gains on asset sales.
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Wells Fargo & Co. , the fifth-largest U.S. bank, said on Tuesday second-quarter profit rose 9 percent, as growth in several fee categories offset a decline in mortgage banking income.
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The world's largest gold producer,  Newmont Mining Corp. NEM.N, said on Wednesday that higher  gold prices drove up quarterly profit by 12.5 percent, even  though it sold less of the precious metal.
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The company reported fourth-quarter net income on higher commercial airplane deliveries and strong growth in defense earnings, beating Wall Streetâs expectations.
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HOUSTON -- Halliburton Co. said Monday second-quarter net income more than doubled to $1.5 billion, lifted largely by a $933 million gain from the separation of its former subsidiary, KBR Inc.
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Halliburton Co. , the world's second-largest oil services company, said on Monday second-quarter profit from continuing operations rose 19 percent, topping Wall Street views, helped by new international contracts and stronger demand from its customers.
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World No. 2 oil field company said profit squeezed by asbestos settlement, revenue higher on Iraq. HOUSTON  - Halliburton Co.
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ConocoPhillips COP.N, the No. 3 U.S.  oil company, on Wednesday reported a rise in quarterly profit,  boosted by soaring oil and gas prices.
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Halliburton Co. posted a $44 million third-quarter loss Tuesday related to a pending settlement of asbestos claims, but the oil-services giant still beat Wall Street expectations amid record gains in its energy unit.
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The oilfield services company said profit rose 35 percent to $1.35 billion in the third quarter, as strong demand in Latin America, Russia and Asia offset weakness in domestic markets.
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A U.S. district court has approved a  $1.5 billion trust to be set up by two Halliburton Co. HAL.N  units and their insurers to pay asbestos claims, Halliburton  said on Friday.