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March 1, 2004

All Business: Halliburton scandals don't faze investors

  • Investors bet the oil giant's troubles won't have much affect on its business, and have boosted its stock 34 percent in the last six months.
  • By RACHEL BECK
    AP Business Writer

    NEW YORK -- As allegations of widespread wrongdoing at oil-services giant Halliburton mount, investors don't seem to care. In fact, they've been bidding the stock way up.

    That's right, Halliburton's shareholders haven't been fazed by the fast-growing laundry list of accusations targeting the Houston-based company for everything from price gouging to bribery.


     
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