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Stock Market & Financial Investment News

News Breaks
February 10, 2014
07:27 EDTFTIFMC Technologies should be bought on weakness, says RBC Capital
After FMC Technologies tumbled after providing guidance that the market viewed as disappointing, RBC Capital thinks the sell-off was an overreaction. The firm reports that excluding one-time items, the company's 2014 EPS guidance would be $2.64-$2.84, versus the consensus estimate of $2.77. RBC keeps a $62 price target and Outperform rating on the shares.
News For FTI From The Last 14 Days
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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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