What caused this?
Halliburton's 2Q08 release reveals that income fell 67% year-on-year, causing investors to dump share despite strong revenue growth.
Halliburton Co. continues to benefit from placing greater emphasis on its operations in the Eastern Hemisphere, where expanding business helped the company post a 19 percent rise in third-quarter earnings.
Rating agency, Moody's, raise Halliburton's debt rating by two notches partly due to the KBR split.
Halliburton files for IPO of their KBR segment.