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Business News Archive - May 14, 2007

Halliburton's (NYSE:HAL) Drilling and Formation Evaluation Division has acquired the intellectual property, assets and existing business associated with Vector Magnetics LLC's active ranging technology for Steam Assisted Gravity Drainage (SAGD) applications.

Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.