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Global oil drilling increases, Haliburton’s profit doubles

Halliburton Co. said Monday its fourth-quarter income more than doubled as the oil services company benefited from an increase in drilling activity around the globe. The Houston company reported net income of $605 million, or 66 cents per share, for the three-month period that ended Dec. 31. That compares with $243 million, or 27 cents… Continue Reading Global oil drilling increases, Haliburton’s profit doubles