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Stock Market & Financial Investment News

News Breaks
January 23, 2013
07:49 EDTFTKFlotek initiated with an Outperform at Barrington
Target $17.
News For FTK From The Last 14 Days
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January 28, 2015
07:09 EDTFTKFlotek acquires all assets of International Artificial Lift
Flotek announced it has entered into a definitive agreement to purchase substantially all of the assets of International Artificial Lift, a developmental-stage company that specializes in the design, manufacturing and service of next-generation Hydraulic Pumping Units that serve to increase and maximize production for oil and natural gas wells. Flotek provided total consideration of $2.25M for the purchase of substantially all of the assets of IAL including all intellectual property, finished goods and inventory. Flotek also assumed the lease on IAL's corporate headquarters in Boyd, Texas in the Dallas-Ft. Worth metroplex. International Artificial Lift President Larry Best has agreed to remain with the company for a minimum of two years from the effective date of the transaction.
January 27, 2015
16:12 EDTFTKFlotek reports Q4 EPS 29c, consensus 28c
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