Silly Question: Why Does Halliburton Need Another Tax Break

Posted by Cookie Jill at the Chateau d'roo (Skippy International):

in a research note published this morning, the analyst mentions that the company's near term earnings are expected to be positively impacted by a reduced corporate tax rate of 32% during 2005. according to the analyst, halliburton is receiving higher-than-expected award fees for the military support contract in iraq. the eps estimates for 2005 and 2006 have been raised from $2.15 to $2.30 and from $2.60 to $2.70, respectively. - newratings.com