FMC Technologies sees FY13 EPS $2.05-$2.25, consensus $2.36 For 2013, the company expects increasing Subsea Technologies revenue and margins and continued solid performance in international surface wellhead, offset by a challenging North American land market.
News For FTI From The Last 14 Days
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FMC Technologies downgraded to Market Perform from Outperform at FBR Capital FBR Capital downgraded FMC Technologies to Market Perform citing expectations for a reduction in the volume of subsea well starts. FBR lowered its price target for shares to $58 from $68.