FMC Technologies, Inc. (FTI): FMC Technologies (NYSE:FTI) says it...

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Tuesday, 10/20/2015 11:09:30 AM

Tuesday, October 20, 2015 11:09:30 AM

FMC Technologies (NYSE:FTI) says it is booking a $60.3M non-cash charge in Q3 related to its Surface Technologies' Canadian operations, which translates into a net charge of $45.4M, or $0.20/share.

FTI says the impaired Canadian assets are linked to the 2012 acquisition of Pure Energy Services and due to the prolonged decline in market activity.

Purely My Own Opinion. Do Your Own Due Diligence.

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