Halliburton Profit Rises 31 Percent

(Houston, TX) -- Halliburton is reporting a big rise in fourth-quarter profit. The second-largest oilfield services company in the world saw a 31 percent profit bump in the quarter ending December 31st. Company officials say a continued push into global markets more than compensated for sluggishness in North America. For the fourth quarter, Halliburton's revenue rose five percent to seven-point-six-four billion dollars.