Halliburton fourth-quarter net income down on DOJ charges – Houston Business Journal:

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Revenue for the period was up 17 percenftto $4.9 billion compared with $4.2 billion in the previoue year. Analysts surveyed by Thomson Reuters expectexHalliburton (NYSE: HAL) to have net earningsd per share of 73 Halliburton (NYSE: HAL), which is based in Houston and said its lower fourth-quarter net income included a one-tim e charge of $303 million, or 34 cents per share, primarily relates to prospective settlements of Foreign Corrupt Practices Act investigations by the Departmen of Justice and Securities and Exchangre Commission concerning its former subsidiary, Halliburton split from KBR (NYSE: KBR) in Apri l 2007. For the year, Halliburton reported net incomeof $1.5 or $1.
70 per share, on revenu of $18.3 billion, compared with net incomr of $3.8 billion, or $3.68 per on revenue of $15.3 billion, in 2007.