Friday, 27 July 2007

UPDATE 1-Baker Hughes says Q2 profit slips, cites Canada

(Reuters) - Profit in the second quarter was $349.6 million, or $1.09
per diluted share, compared with $359.8 million, or $1.07 per
diluted share in the same period a year earlier.




Analysts on average had forecast a profit of $1.11 a share.
Since the quarter's results included about 3 cents per share in
tax-related items, the company beat Wall Street forecasts by 1
cent, according to Reuters Estimates.


Read more at Reuters.com Market News

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