Friday, July 27, 2007

Baker Hughes Q2 profit slips

(Reuters) - Analysts on average had forecast a profit of $1.11 a share,
according to Reuters Estimates. It was not immediately clear
whether estimates took into account the tax-related items.




On July 13, the Houston-based company warned a "significant
deterioration" of activity and profitability in Canada would
hurt its second-quarter profit.


Read more at Reuters.com Market News

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