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Halliburton posts $622M in 1st-qtr net income

By David Koenig
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Halliburton posts $622M in 1st-qtr net income

DALLAS (AP) — Halliburton made money in the first quarter on rising revenue in the Middle East and Asia, and the CEO said Monday that he sensed an upturn in the North American market.

Earnings and revenue topped expectations and Halliburton reversed course after a loss a year ago, when results were hurt by charges related to the huge 2010 Gulf of Mexico oil spill.

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