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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Halliburton Earnings Jump 17% 0 comments
    Oct 21, 2013 11:25 AM | about stocks: HAL

    Originally published at

    Halliburton Company (NYSE:HAL) announced its financial results for the third quarter of fiscal 2013, with earnings reported to increase 17%. Thanks to increased work in international operations, the company's revenue has continued to grow, despite slow growth in the United States. North American revenue growth was 1.6% while international revenue was up 13%. The oilfield-services company reported earnings of $706M, or $0.79 per share, up from last year's $602M and $0.65 per share. When subtracting the $38M involved for restructuring charges and write-downs, the company's adjusted earnings per share were $0.83. Dave Lesar, Halliburton Chairman and CEO, remarked that the company continues to improve overall, despite adverse market conditions that is putting downward pressure on prices.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: HAL
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