Halliburton profit falls 32 per cent
Oilfield services provider Halliburton says its fourth-quarter profit fell 32 per cent from a year ago, as a potential government settlement cut into earnings.
Halliburton, the oil services company once run by former US vice-president Dick Cheney, doubled its profits in the last quarter of 2010, even as the US government tarred it with ``systemic failures'' in the BP Deepwater Horizon drilling disaster.