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Stock Market & Financial Investment News

News Breaks
July 24, 2014
09:20 EDTFLSFlowserve weakness a buying opportunity, says Cowen
Cowen expects shares of Flowserve to be weak following in-line Q2 results but they would use the weakness as a buying opportunity. The firm said Flowserve's order growth was not primarily driven by large projects, which leaves large project potential ahead of them. The firm has an Outperform rating with an $89 price target on the stock.
News For FLS From The Last 14 Days
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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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