Halliburton posts fourth quarter loss on asbestos charge
Halliburton Co reports a 947 million dollar fourth quarter loss tied to a 1.1 billion charge related to its pending 4.37 billion asbestos settlement. Including the charge, earnings are 2.17 dollars per share loss versus a 2002 loss. excluding the charge, earnings would be 0.34 per share. Mortgage rates rise on speculation Fed may raise rates with 30 year at 5.68 percent and 15 year at 4.97 percent.
MENTIONED IN THIS ARTICLE
Rouston
Halliburton Co
Halliburton
Thomson First Call
Washington
Wall Street
Federal Reserve
Freddie Mac
Millions to exhaust unemployment benefits in 2004
Nearly 2 million people are expected to exhaust their state unemployment benefits in the first half of 2004 without access to more aid or a regular paycheck. The Center on Budget and Policy Priorities based its study on Labor Department data. Congress has refused another extension of federal benefits.
MENTIONED IN THIS ARTICLE
Washington
Center On Budget and Policy Priorities
Labor Department
Congress
Associated Press
Mixed Stocks Decline Clouds Market After Selloff
Stocks finished mixed in choppy New York trading as investors weighed Wednesdays 14 point Dow drop and the Fed stance. Dow gained 44.92 to 10,510.29 while the S&P 500 rose 3.63 to 1,134.11 and Nasdaq fell 9.14 to 2,068.23 amid cautious optimism on earnings and inflation.
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New York
Federal Reserve
Bryan Piskorowski
Wachovia Securities
Wall Street
Fed
S&p 500
Peter Dunny
Wall Street Access
New York Stock Exchange
Japan
Britain
Germany
DAX
Wile
France
Associated Press
Prozo
Stock Exchange
Dany Dow Jones
Dow Jones
Ashigad
Lubizal
Lucan
B.S
Fondrm
Reviow
Abraxas
Renaisim
ConeurTch
Bosig NY
HewHald
Anymet
ObieDick
Cal
Synerax
SiereWr
AlskAir
Nwutiris
Nautilus
Medifast
St Craylhe
Ae Busting
Lune
RY Petrog
I 'Xcelara
Foundry
Crown
VeaphSc
fockLogic Ait
BT Dla
AniBs
AN telPens
iRewards
isrenOit
Dal Nasga
sCentSpran
Ant
yGrace
Ware
Lucent
Gover
iCalpine
Oracle
Mig
BS Uy
NY GenElec
jEagleSind
ApidMat
Hewlettr
emaGeld
jVeritas
Zo jOyneau
WheatAg
EnvoyCm
Wages and benefits rise modestly in 2003 Q4
The Employment Cost Index shows wages and benefits up 0.7 percent in the October-December quarter, a slowdown from Q3 and the smallest gain since late 2002. Benefit costs rose 1.2 percent while wages and salaries increased 0.5 percent as layoffs ease and Fed holds rates near record lows.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Fed
Crude futures slide to 2004 low in New York
Crude oil futures settled lower in New York, marking the year’s lowest close as a dollar rally and weaker demand expectations spurred selling. Analysts noted funds exiting long positions, a modest nat gas draw, and looming OPEC talks on February 10 as factors.
MENTIONED IN THIS ARTICLE
New York
Federal Open Markets Committee
Steve Belino
Fimat USA Inc
Belino
U.S
Organization of Petoleum Exporting
Algeria
London
International Petroleum Exchange
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Joss
Conventional & V.A
Garth Rd
Laytown
America
Texas
St. Mark’s
St. Mark’s United Methodist Church
North Main Street
Jeff Swensen
John Hancock Funds
Ameosi
Ea Ae Ski
Stéins
Phil Flynn
Alaron Trading Corp
Chicago
Scott Meyers
Pioneer Futures Inc
Meyers
OTH Lg Yai Cc Technical Investing
Cel
Texas Capital Y Management
Baker Road
Baytown
Jennifer Marcontell
Rollingbrook
Ste
Edward Jones
Stephen V. Takach
Alexander Dr. Baws
Bowaargut SS
SIPC
Community Resource and
Crcu.org
Dawmerpree Emaggiet Dows
Parlin
SH Dwangneest
Baytown Sun
Bapiom Sun
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