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Showing posts with label bill utt. Show all posts
Showing posts with label bill utt. Show all posts

Wednesday, February 27, 2008

well it appears king george may be right (see prior posting)

SOME of us may NOT be in a recession
(the rich just keep getting richer)
Former Halliburton subsidiary KBR's 4th quarter profits up 65%
HOUSTON (AP) -- Former Halliburton subsidiary KBR Inc. said Tuesday fourth-quarter profit rose 65 percent, lifted by contributions from natural-gas projects, work in Iraq and a tax benefit related to a 2006 asset sale.
The Houston-based military contractor and engineering and construction firm said profit for the October-December period was $71 million, or 42 cents a share, up from $43 million, or 28 cents a share, in the prior-year period.
The most-recent quarter included income from discontinued operations of $23 million, or 14 cents a share, due to tax benefits from the 2006 sale of its production services group.
The prior-year period included a loss from discontinued operations of $2 million, or 1 cent a share.........