Halliburton 4th Qtr Profits Fall 40% - I guess NOW we have no other choice but to invade Iran.

[kpete]

Halliburton 4Q profit falls 40 percent

I guess NOW we have no other choice but to invade Iran.

"Although we experienced weather-related activity decreases and holiday impacts in the United States during the fourth quarter, we expect demand for our services to remain strong throughout 2007," Chairman, President and Chief Executive Dave Lesar said in a statement.

The statement says it all, how else could their services remain strong if we don't invade Iran?

http://www.teambio.org/category/contributors/economics/
more at:
http://news.yahoo.com/s/ap/20070126/ap_on_bi_ge/earns_halliburton

[AnneD]

1. If you look at the other threads....

this is what we are in the process of doing. :donut: Morning Marketeers.

This is a bit odd today. I recommend we pick one of these threads and keep voting it greatest threads to keep it up in the line. This one is as good as any for me. I'll vote it up and hope others catch on.

[silverlib]

3. and I'll join you...(n/t)

[shadowknows69]

2. Ok, just as soon as every son and daughter of H stockholders enlist

The war profiteers should be the ones paying for the war. Don't want a 50% tax on your profits while earning in a conflict zone? Don't go! This is a VOLUNTEER force after all.

[havocmom]

4. They want to hold even more troops HO$TAGE

Turning blood into money. Giant Corporations have FINALLY jumped the shark.

[AnneD]

5. FTC approves Kinder Morgan deal

Pipeline giant Kinder Morgan Inc.'s plan to go private through a $22 billion management-led buyout cleared a major regulatory hurdle Thursday when the Federal Trade Commission gave its blessing after settling antitrust issues that the agency said could have fueled higher gasoline prices in the Southeast.

<snip>
The firms, the Carlyle Group and Riverstone Holdings, also must remove their representatives from Tulsa, Okla.-based Magellan's board, cede control of Magellan to its other principal investor, Madison Dearborn Partners, and not influence or try to influence Magellan management or operations.

Kinder Morgan spokesman Larry Pierce said the company was pleased at the FTC's action, but more regulatory approvals are needed before the deal can close. State regulatory utility commissions in California, Colorado, Nebraska and Wyoming have yet to sign off on it. The deal is scheduled to close in the first quarter this year.

In the transaction, Carlyle and Riverstone would acquire a combined 22.6 percent interest in Kinder Morgan. However, a private equity fund they control and manage already has a half interest in the general partner that controls Magellan.

<snip>
http://www.chron.com/disp/story.mpl/business/4501004.html

Hummmm....private equity firm, check, Carlyl group, check. Now you tell me this is just my imagination but equity and private equity companies buying up publicly owned will be the next bubble and this time some wanna be big boys are going to loose out.:eyes: