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News Breaks
July 25, 2014
10:56 EDTFTIFMC Technologies discloses receipt of SEC subpoena in Q2
FMC Technologies disclosed that during the second quarter, the company received an inquiry and a subpoena from the SEC seeking information about certain accruals for paid time off , or PTO, during the first quarter of 2013. The company has cooperated and fully responded to the requests for information. The inquiry is with regard to the reversal of an accrual for PTO that caused the liability for PTO to be understated for the quarter ended March 31, 2013. During the second quarter of 2013, the company identified and corrected the understatement of the PTO liability and assessed and concluded that the correction was not material, or $0.6M, net of tax, to the company’s consolidated financial statements for the quarters ended March 31 and June 30, 2013, respectively. The company discussed the matter with its independent registered public accounting firm and the company’s Audit Committee, FMC stated.
News For FTI From The Last 14 Days
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April 22, 2015
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April 21, 2015
16:07 EDTFTIFMC Technologies sees FY15 Subsea Technologies inbound awards of at least $3B
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16:06 EDTFTIFMC Technologies reports Q1 EPS 63c, consensus 59c
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15:28 EDTFTINotable companies reporting after market close
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10:09 EDTFTIHigh option volume stocks
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April 13, 2015
10:00 EDTFTIOn The Fly: Analyst Downgrade Summary
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08:31 EDTFTIFMC Technologies downgraded to Market Perform from Outperform at Raymond James
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