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FLS 52.22 +1.03 (2.01%)
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TEXT-S&P raises Flowserve ratings to 'BBB-' from 'BB+'
Overview -- U.S.-based flow control equipment manufacturer and engineered solutions company Flowserve Corp. has shown good operating performance and stronger-than-expected credit metrics.
Food and water investments to weather drought
“The weather hit at a time of falling grain reserves, resulting in a tight stocks-to-use ratio - an impact that can stick around across seasons,” said Abraham Bailin, who follows commodity exchange-traded funds at investment researcher Morningstar Inc.
Exclusive: Carlyle, BC eye United Tech unit - sources
Several industrial companies such as SPX Corp (SPW.N), Flowserve Corp (FLS.N), Dover Corp (DOV.N), Atlas Copco AB (ATCOa.ST), Gardner Denver GDI.
The Subsea Production & Processing Systems Market 2012-2022
The world has finite hydrocarbon resources and conventional oil reserves are increasingly in short supply. Furthermore, conventional oil resources from the Middle East are very much under threat of disruption as embargoes on Iranian oil exports come ...
Insight: Oil pipeline crunch shifts US shale race from drillbits to valves
"We definitely consider ours an 'engineered to spec' product," said John Starck, vice president of sales for M&J Valve, a division of multi-industry manufacturer SPX Corp that operators say is a leading valvemaker for liquids pipelines. "We do not ...
BC, Carlyle win UTC business by going big
by Meghan Leerskov | Published July 27, 2012 at 11:29 AM united-technologies-corp.jpg Ultimately, what gave Carlyle Group and BC Partners Ltd.
Water and Wealth: Droughts Put These Stocks in a Position to Benefit
(GRC) designs and sells pumps and related fluid control products. Flowserve Corp. (FLS) sells precision engineered flow control equipment.
Rotork Announces New Generation Iq3 Actuators
Rotork has introduced the third generation of its IQ range of intelligent, non-intrusive, heavy-duty electric valve actuators. The new IQ3 actuators have many advanced features that provide enhanced operational, data logging, and asset management ...
What Did Hedge Fund Manager John Griffin Just Buy?
Flowserve (FLS) is a peer company of CFX's, though it is larger at a $6 billion market cap compared to CFX's $2.5 billion.
DBJ names 2012 CFO of the Year honorees
The Dayton Business Journal has named 13 Dayton-area finance professionals as the honorees for the CFO of the Year awards program for 2012.