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Science & Technology
Halliburton prepares to spin off Kellogg, Brown & Root
2006-01-28
Halliburton, the world's largest diversified energy services, engineering and construction company, on Friday said it was ready to spin off and list its KBR unit, which is the US's biggest private contractor in Iraq, and might also consider selling "some pieces of KBR" outright. The decision to list 20 per cent of KBR, which had been expected, comes as Halliburton reported the best annual figures in its 86-year history – it earned $2.4bn, or $4.54 per share, in 2005, compared with a full-year net loss of $1bn, or $2.22 per share, in 2004.
Posted by: Anonymoose

#4  Remember our slogan: "We rock your world"
Posted by: Halliburton: Earthquake/Tsunami Division   2006-01-28 18:10  

#3  We'd better like those packages.
Just letting you know...
Posted by: Halliburton: Earthquake/Tsunami Division   2006-01-28 12:53  

#2  What if Prince Moneybags decides he wants to buy a little stock...
Posted by: Seafarious   2006-01-28 09:41  

#1  ...comes as Halliburton reported the best annual figures in its 86-year history

Wonder if the lefty blogs went apeshit over this yet?
Posted by: Raj   2006-01-28 09:33  

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