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Schlumberger 4Q profit falls in seasonal slowdown

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HOUSTON (AP) — Schlumberger's fourth-quarter net income fell 4 percent, pressured by seasonal slowdowns, contract delays and project startup costs. The world's biggest oilfield service company said Friday that 2013's global oil demand is expected to climb at similar levels to a year ago. For the period ended Dec. 31, Schlumberger Ltd. earned $1.36 billion, or $1.02 per share, down from...