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Stock Market & Financial Investment News

News Breaks
May 8, 2014
06:41 EDTFSYSFuel Systems reports Q1 EPS (10c), consensus (5c)
Reports Q1 revenue $81.30M, consensus $82.16M; Automotive revenue decreased $12.3M to $54.4M primarily reflecting lower DOEM and OEM volumes and the impact of the competitive aftermarket pressure partially offset by growth in the compressor business. Industrial revenue decreased $5M to $26.9M primarily reflecting increased competition and the previously announced loss of a large customer.
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July 30, 2015
06:57 EDTFSYSFuel Systems subsidiary signs exclusive multi-year contract with Italy's Eni
Fuel Systems' fully owned subsidiary MTM has signed a new exclusive multi-year contract with Eni S.p.A., an Italian multinational oil and gas company headquartered in Rome, to supply and maintain new CNG refueling stations to be constructed in Italy. Under the terms of the contract, over the next three years MTM will supply Eni's newly constructed Natural Gas stations with complete "plug&fill" CNG compressors and refueling accessories and will provide station maintenance over the next five years.
July 28, 2015
06:10 EDTFSYSFuel Systems discloses resignation of interim COO Andrea Alghisi
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