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Stock Market & Financial Investment News

News Breaks
February 14, 2013
09:19 EDTFTIFMC Technologies price target raised to $53 from $50 at Susquehanna
Susquehanna raised its price target on FMC Technologies following Q4 results. The firm maintains its Neutral rating but acknowledges the strong quarter of subsea orders and bullish outlook. Susquehanna believes the broader capital equipment landscape is well positioned for strong orders and earnings growth.
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January 25, 2016
16:19 EDTFTIFMC Technologies awarded $180M contract in Australia
FMC Technologies signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 Project as part of the North West Shelf Project in Western Australia. The contract is valued at approximately $180M for FMC Technologies and includes: subsea production trees, wellheads, manifolds, subsea and topside controls, and flowline connection systems. Deliveries are expected to begin in 2016 and continue through 2018.
09:55 EDTFTIFMC Technologies downgraded to Hold from Accumulate at Tudor Pickering
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