UPDATE: Schlumberger Posts Upbeat Q4 Profit
January 18, 2013 at 06:53 AM EST
Schlumberger (NYSE: SLB ) reported a 3.7% drop in its fourth-quarter earnings. Schlumberger's quarterly profit fell to $1.36 billion, or $1.02 per share, from $1.41 billion, or $1.05 per share, in the year-ago period. Excluding items, its earnings from continuing operations came in at $1.08 per share. Its revenue climbed