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Fly News Breaks for April 17, 2015
FLS
Apr 17, 2015 | 07:24 EDT
Oppenheimer downgraded Flowserve to Perform ahead of the company's Q1 results citing increased risk of global energy infrastructure deferrals. Opco expects an "uninspiring" earnings season for Industrials given the slowing pace of global capital spending and continued moves in currency exchange rates.