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Stock Market & Financial Investment News

News Breaks
February 13, 2014
08:20 EDTFTIFMC Technologies awarded $720M contract from eni Muara Bakau BV
FMC Technologies announced that it has received an order from eni Muara Bakau BV to supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia. The order has an estimated value of $720M in revenue if the full scope of the award is called off. FMC Technologies' scope of supply includes subsea trees, manifolds, jumpers and connection systems, umbilicals, tooling and associated topside and subsea controls systems.
News For FTI From The Last 14 Days
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September 16, 2014
09:59 EDTFTIOn The Fly: Analyst Downgrade Summary
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08:46 EDTFTIDril-Quip price target lowered to $120 from $137 at FBR Capital
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08:08 EDTFTIFMC 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.

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