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Schlumberger Q3 Profit Plummets 48%, Sees no Recovery Until Late 2010 (SLB)

By Dividend.com Staff
October 23rd, 2009

schlumberger-q3-profit-plummets-48-sees-no-recovery-until-late-2010-slb

Oil and gas services company Schlumberger Limited (SLB) on Friday posted a 48% decline in third quarter profit, hurt by lower revenue amid an oil industry drilling slump.

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