Halliburton News

Chairman, Pres. and CEO of Halliburton Company David J Lesar sells 40,000 shares of HAL on 12/10/2009 at an average price of $28 a share.

Petroleos Mexicanos, the state-owned oil company, cut the proposed 2010 budget for its $11.1 billion Chicontepec field by 22 percent and almost doubled next yeara s spending on the aging Cantarell deposit.

If Lt. Col. Jim Gentry and his doctors were right about the cause of his cancer, the Indiana National Guard officer didn't die for his country -- he died for defense contractor KBR.

A federal judge has set a 2011 trial date for a lawsuit from a Texas woman alleging she was gang-raped by co-workers while employed by a Halliburton Co.

The number of defendants agreeing to settlements with the Securities and Exchange Commission dropped for the second straight time in fiscal 2009, declining nearly 8% to 626 defendants from 673 in fiscal 2008, according to a report released today by NERA Economic Consulting.

"You don't have to be a Halliburton to succeed in the Middle East," says Jeffrey Ornstein, CEO of J/Brice Design, which has established itself as an international hotel-design powerhouse through its growing presence in the region.

Sen. Al Franken has found a sure-fire way to rile his Republican colleagues on Capitol Hill -- and keep them riled: Force them to cast a vote that pits corporate interests against victims of rape.

Stocks in the oil-services sector took it on the chin during Friday's trading session, one of the many sectors of the worldwide economy to feel the ripple effects of the announcement from formerly high-flying Gulf state Dubai that it could not meet its scheduled debt payments.

Energy stocks traded mixed Wednesday ahead of weekly inventory data from the Energy Information Administration.

This jump in trading volume was more than double the stock's average daily trading volume, according to data from WhatsTrading.com. What's more, 56% of the volume changed hands on the call side.

Filed under: Forecasts , Bad news , Halliburton , Options , Technical Analysis , Oil Halliburton stock is trading lower after the company said Tuesday that reduced activity by major Mexican customer Petroleos Mexicanos will reduce HAL's Q4 EPS by 2 cents .

A Houston judge ruled today that Halliburton must remain as a defendant in a lawsuit alleging it and its former subsidiary KBR knowingly sent civilian truck convoys into dangerous conditions the day six drivers were killed in 2004 in Iraq.

Halliburton said reduced activity from Petroleos Mexicanos , its primary customer in Mexico, will cut fourth-quarter earnings by 2 cents a share.

Halliburton today announced a major reduction in activity from its primary customer in Mexico, Petroleos Mexicanos , for the fourth quarter of 2009.

A British lawyer accused in the United States of helping a former Halliburton Co.

Just when it looked as if the legal battle between former KBR contractor Tracy Barker and Halliburton, which used to own KBR, was about to come to a multi-million dollar conclusion, filings made today in the rape case seem to indicate there is still some ways to go until it is all over.

Tracy Barker , who says a U.S. State Department employee sexually assaulted her in Iraq in 2005 has won $2.93 million in arbitration from KBR, the military contracting company that employed her.

Tracy Barker has been awarded almost $3 million by an arbitrator in assault charges against a U.S. contractor and former Halliburton subsidiary, after claiming she was raped in 2005 by a State Department employee in Iraq, the Associated Press reports .

An arbitrator has awarded a woman nearly $3 million to settle her claims that she was raped in Iraq by a State Department employee in 2005 while working for a former Halliburton Co.

KBR security personnel expected casualties the night before six civilian drivers were killed and others injured in an Iraqi ambush, but sent the convoy into a combat zone anyway, according to e-mails presented in a Houston federal court Wednesday.