Tuesday, July 24, 2007

UPDATE 2-Occidental 2nd-qtr earnings rise on asset sales

(Reuters) - Net income rose to $1.41 billion, or $1.68 a share, from
$860 million, or 99 cents a share, a year earlier.




Excluding 50 cents in after-tax gains from the asset sales,
Occidental would have earned around $1.18 a share. The sales
included the company's stake in Lyondell Chemical Co. ,
assets in Pakistan, and a swap of assets with British oil major
BP Plc .


Read more at Reuters.com Market News

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