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Halliburton lands bigger profit than expected

The oil service unit exceeded many observers' profit projections for the share in a development that happened in spite of a significant slide in revenue compared to the fourth quarter 2014.

Photo: Weatherford PR

US-based oil service major Halliburton exited the fourth quarter in solid form - a period that was otherwise severely marred by the sliding oil prices. As such, the company made more money than projected by analysts.

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