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Stock Market & Financial Investment News

News Breaks
January 8, 2013
05:58 EDTFTIFMC Technologies downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded FMC Technologies citing uncertainty around the company's major subsea awards. The firm keeps a $47 price target for shares.
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December 18, 2014
16:07 EDTFTIFMC Technologies awarded $393M subsea systems contract
FMC Technologies announced that it has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development. The order has an estimated value of $393M in revenue. Eni is the operator of Block 15/06, while Sonangol EP is the concessionaire. The other partners of the joint venture are Sonangol Pesquisa e Produção, SSI Fifteen Limited and Falcon Oil Holding Angola SA.
06:25 EDTFTIFMC Technologies downgraded to Sector Perform from Outperform at RBC Capital
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December 17, 2014
08:03 EDTFTIFMC Technologies awarded $268M subsea systems contract for Chevron project
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