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April 25, 2014
08:15 EDTFLSFlowserve weakness creates buying opportunity, says Oppenheimer
After Flowserve reported in-line Q1 EPS while its OE orders fell 15% year-over-year, Oppenheimer thinks the company has a number of positive catalysts, including attractive project awards in April and strong gross margin improvements. The firm notes that the company's EPs guidance remains unchanged, and it reiterates an Outperform rating.
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September 26, 2014
07:11 EDTFLSFlowserve awarded $30M in orders to supply pumping systems in Poland
Flowserve announced it has received a major order to provide multiple pumping systems to Alstom, a France-based global leader in power generation. The orders, totaling approximately $30M, were booked in the second quarter of 2014. The pumping systems will be used for boiler feedwater and condensate service at two units for a new ultra-supercritical, coal-fired power plant in Opole, Poland. The two units, each generating 900 megawatts, will be operated by Polska Grupa Energetyczna. This USC coal-fired power plant will be the largest coal-fueled facility in Poland upon its anticipated completion in 2019. The pumping systems servicing the two units include type CHTA main feedwater pumps, which are double casing, multistage barrel pumps; and type HDX booster pumps, which are single-stage, radially split, double-suction pumps.
September 25, 2014
17:19 EDTFLSFlowserve attains NSF 61-G certification for potable water pumps
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