Halliburton Says It May Separate KBR Unit
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Halliburton Co. (HAL.N: Quote, Profile, Research) said on Thursday it would restructure its KBR unit and may shed the business if the company&#39;s stock performance continues to lag behind peers.
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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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HOUSTON -- Halliburton Co. says an internal investigation has found that a consortium it later took over had once considered bribing Nigerian officials to win an energy contract.
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HOUSTON A judge ordered Halliburton Company to reinstate health insurance for retirees of its former Dresser Incorporated unit, ruling the company couldn&#39;t modify the health plans to eliminate the benefits.
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NEW YORK, September 23  - The Halliburton Company (HAL.NYS) said today that it may sell its controversial engineering and construction subsidiary, KBR, if the company&#39;s share price performance did not match that of its peers.
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Oilfield services company Halliburton  Co. HAL.N on Wednesday said its KBR unit had settled all  outstanding issues with state-owned Brazilian oil company  Petrobras over the Barracuda-Caratinga project, which has been  plagued by delays and cost overruns.
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New York (dpa) - The US army plans within months to break up a 13-billion-dollar contract awarded to US company Halliburton to service troops in Iraq into at least six smaller contracts, according to a report Tuesday in The Wall Street Journal&#39;s online
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&quot;Payments may have been made to Nigerian officials,&quot; Halliburton says in its quarterly filing with the Securities and Exchange Commission.
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NEW YORK, September 3 (New Ratings) - An internal investigation into Halliburton Co (HAL.NYS) reportedly revealed that the company had considered bribing Nigerian officials to win contracts a decade back.
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The strong valuation of engineering and construction firm KBR Inc.  will likely prompt directors of parent company Halliburton Co.  to vote to give KBR shareholders a chance to exchange stock in Halliburton for their newly listed business, analysts said.
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WASHINGTON, August 18, 2004  The oil services company Halliburton, largely through its subsidiary Kellogg, Brown &amp; Root, has received more revenue from government contracts in the last year than from 1998 through 2002. In 2003, when the company had ...
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Halliburton Co.  said on Thursday it would restructure its KBR unit and may shed the business if the oil services company's stock performance keeps lagging its peers.
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WASHINGTON - The US Army wants to know how a threatened plan to withhold $60 million a month in a billing dispute might affect Halliburton Co.&#39;s ability to support US troops in Iraq.
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Halliburton Co.&#39;s multibillion dollar contract for work to support US troops in Iraq will be put back up for bids, according to a published report.
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Halliburton may not rebid for contracts to support US troops in Iraq if the US army breaks up its contract, the company says.
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The US Army is studying a possible compromise with Halliburton Co. that might allow the company to keep several billion dollars in disputed billings for work in Iraq, defense officials said on Friday.
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Halliburton Co. , the world's second-largest oil services company, is seeking stakes in emerging Gulf Arab firms to expand its operations in the region, pan Arab daily Asharq al-Awsat reported on Monday.