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15:46 EDTCAM
theflyonthewall.com: Cameron cleared by Department of Justice for Natco acquisition
Cameron reached an agreement with the Department of Justice that will allow the company to close on its previously announced acquisition of Natco Group. Under the agreement, Cameron will divest its Edge refinery desalter business and will license, on a non-exclusive basis, Natco's dual frequency electrostatic technology for refinery desalter products. The combined revenues of these businesses would have represented less than two-hundredths of one percent of Cameron's 2008 revenues. Cameron expects to close the acquisition as soon as practicable following the approval by Natco's shareholders at a special meeting held on November 18. :theflyonthewall.com



News For CAM From The Last 14 Days
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February 9, 2010
07:17 EDTCAM
theflyonthewall.com: Cameron sees FY10 EPS $2.10-$2.20 ex items vs. consensus of $2.18

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07:16 EDTCAM
theflyonthewall.com: Cameron sees Q1 EPS 48c-50c vs. consensus of 51c
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07:16 EDTCAM
theflyonthewall.com: Cameron reports Q4 EPS 54c ex items vs. consensus of 53c

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February 8, 2010
16:37 EDTCAM
theflyonthewall.com: On The Fly: U.S. Market Wrap-Up for Monday 2/8

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15:15 EDTCAM
theflyonthewall.com: Companies reporting Before the Market Open on Tuesday, February 9

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January 29, 2010
07:59 EDTCAM
theflyonthewall.com: Cameron upgraded to Add from Neutral at Capital One Southcoast

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