Monday, July 23, 2007

UPDATE 1-Weatherford profit rises, says U.S. probes sales

(Reuters) - The company also said the U.S. government was probing
allegations of improper sales of products and services in
sanctioned countries.




The Houston-based company's profit from continuing
operations rose to $235 million, or 68 cents a share, from $190
million, or 53 cents a share, in the same period a year
earlier.


Read more at Reuters.com Market News

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