09 June 2006

Haliburton Gets Rich on Bloodshed

File this into the "Hooray for Capitalism" department. Reuters reports:
The energy services company Halliburton expects net income and earnings per share to double over the next three to five years, the chief financial officer said yesterday...

In a presentation to investors, the executive, C. Christopher Gaut, also forecast that revenue growth for the company's energy services group would be 20 percent a year or more over the next three to five years.