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HOUSTON, Oct. 22 (AP) — The Halliburton Company is gearing up for increased oil field services work in the Middle East, Asia and Latin America in the coming quarters, though pricing declines for some services in North America remain a concern, the company's chief executive said Monday.
Dhanda believes Intel has taken an axe to its Pentium D solutions, with pricing declines ranging from 13% to 50%.
Its targets were trimmed as the company deals with elevated inventories, pricing declines and the weaker first half of the year.
This could also have a ripple effect in the U.S. If bookkeeping service pricing declines, the hiring firm can either lower prices on its products or keep them the same, which would benefit U.S. consumers.
Similar(56)
Price declines led to deflation.
Households could buy insurance against price declines.
Raising production should bring further price declines.
Eighteen of the 20 cities recorded price declines.
Fifteen of the cities showed monthly price declines.
This lack of demand all but guarantees continued price declines.
And the dilution worsens as the share price declines.
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