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Latest FMC Technologies Inc. Stories

2014-04-22 16:24:25

- Subsea Technologies orders of $1.9 billion HOUSTON, April 22, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) today reported first quarter 2014 revenue of $1.8 billion, up 11 percent from the prior-year quarter. Diluted earnings per share were $0.57 compared to $0.43 in the prior-year quarter. Total inbound orders were $2.6 billion and included $1.9 billion in Subsea Technologies orders. Subsea Technologies backlog was $6.8 billion. "As a result of strong orders...

2014-04-14 12:23:51

HOUSTON, April 14, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies' scope of supply includes subsea manifolds, associated controls and connection equipment as well as key controls and connection components for subsea production trees. The Shah Deniz field is located...

2014-03-24 12:31:46

LOS ANGELES, March 24, 2014 /PRNewswire/ -- Levine Leichtman Capital Partners ("LLCP"), announced today that it has entered into a definitive agreement to acquire the material handling products business of FMC Technologies, Inc. (NYSE: FTI). The new company will be named Syntron Material Handling, LLC ("Syntron"). Upon the closing of the transaction, Syntron will be headquartered in Tupelo, Mississippi with operations in Changshu, China, Salt Lake City, Utah and sales personnel in...

2014-03-20 16:23:27

HOUSTON, March 20, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today a definitive agreement to divest its material handling products business to Syntron Material Handling, LLC, an affiliate of Levine Leichtman Capital Partners Private Capital Solutions II, L.P. This transaction, requiring customary regulatory approvals, is expected to be completed early in the second quarter. The material handling business, part of FMC Technologies' Energy Infrastructure...

2014-03-19 16:21:24

HOUSTON, March 19, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that John T. Gremp, Chairman, President and Chief Executive Officer, will address attendees at the following event: Howard Weil 42nd Annual Energy Conference The Roosevelt Hotel 123 Baronne Street New Orleans, LA 70112 Wednesday, March 26, at 9:25 a.m. ET There will not be a webcast of the...

2014-03-10 08:23:21

HOUSTON, March 10, 2014 /PRNewswire/ -- FMC Technologies (NYSE:FTI) announced today that Maryann T. Seaman has been appointed Executive Vice President effective March 1, 2014. Seaman, who is the company's Chief Financial Officer, has been with FMC Technologies for 28 years and has held a variety of financial, administrative and operational positions. "Maryann has been instrumental in the success of FMC Technologies and we are pleased to recognize her contributions," said John T....

2014-02-25 16:24:34

HOUSTON, Feb. 25, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced that it will issue its first quarter 2014 earnings release after the market closes on Tuesday, April 22, 2014. The Company also announced it will host its first quarter 2014 earnings release teleconference on Wednesday, April 23, 2014 at 9:00 a.m. ET. The teleconference can be accessed from the U.S. and Canada by dialing 888-771-4371. Callers outside the U.S. and Canada can access the...

2014-02-20 16:21:41

HOUSTON, Feb. 20, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that Maryann T. Seaman, Senior Vice President and Chief Financial Officer, will participate in a panel discussion at the following event: Event: Morgan Stanley Houston Energy Summit St. Regis Houston 1919 Briar Oaks Lane...

2014-02-13 08:24:08

HOUSTON, Feb. 13, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today 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 $720 million 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...

2014-02-07 16:23:00

HOUSTON, Feb. 7, 2014 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that Maryann T. Seaman, Senior Vice President and Chief Financial Officer, will address attendees at the following event: Event: Credit Suisse 19th Annual Energy Summit Vail Cascade Resort and Spa 1300 Westhaven Drive Vail, Colorado 81657 Thursday, February 13, at 11:15 a.m. ET Presentation: Live...


Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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