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FTI

TechnipFMC

$27.02

0.19 (0.71%)

17:02
09/25/17
09/25
17:02
09/25/17
17:02

TechnipFMC implements share repurchase of up to $500M

TechnipFMC announced the implementation of a share repurchase program on the New York Stock Exchange and Euronext Paris, where TechnipFMC's ordinary shares are traded, as previously approved by its Board of Directors on April 25, 2017. TechnipFMC has appointed an investment services provider in order to implement the Share Repurchase Program. Under the Share Repurchase Program, TechnipFMC is authorized to repurchase up to $500M of its ordinary shares by the end of 2018, which as of 25 September 2017 represents a maximum of 18,504,811 shares based on the NYSE closing share price on such date. The Share Repurchase Program is in accordance with the authorization granted by TechnipFMC's shareholder on January 11, 2017, which is valid for a period of five years from that date. TechnipFMC does not currently hold any treasury shares and all ordinary shares repurchased under the Share Repurchase Program will be cancelled and not held as treasury shares. The objective of the Share Repurchase Program is to reduce TechnipFMC's issued share capital.

  • 26

    Oct

FTI TechnipFMC
$27.02

0.19 (0.71%)

09/12/17
JPMS
09/12/17
NO CHANGE
JPMS
JPMorgan's fall playbook includes downgrades of Precision, Tetra
JPMorgan analyst Sean Meakim laid out his Fall 2017 playbook for the Oil Services & Equipment space and downgraded both Precision Drilling (PDS) and Tetra Technologies (TTM) to Neutral from Overweight. The analyst removed his price targets for both names. Both stocks, despite underperforming year-to-date, have few upside catalysts, Meakim tells investors in a research note. He notes Precision is now the most levered land driller in his coverage universe and that an "M&A bailout of the whole company" is unlikely for Tetra. Meakim's top picks in the sector are TechnipFMC (FTI) and Halliburton (HAL) among large caps and Core Laboratories (CLB), MRC Global (MRC) and ProPetro Holding (PUMP) among small- and mid-caps.
09/11/17
09/11/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: DowDuPont (DWDP) initiated with a Buy at BofA/Merrill and an Underweight at Barclays. 2. Brookfield Infrastructure (BIP) initiated with an Outperform at BMO Capital. 3. Micron (MU) initiated with an Outperform at FBN Securities. 4. TechnipFMC (FTI) initiated with a Hold at HSBC. 5. Thor Industries (THO) initiated with a Hold at Aegis. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/11/17
HSBC
09/11/17
INITIATION
Target $26
HSBC
Hold
TechnipFMC initiated with a Hold at HSBC
HSBC analyst David Phillips initiated TechnipFMC with a Hold and a $26 price target saying valuation is balanced.
08/25/17
RBCM
08/25/17
UPGRADE
Target $37
RBCM
Outperform
TechnipFMC upgraded to Outperform from Sector Perform at RBC Capital
RBC Capital analyst Kurt Hallead upgraded TecnipFMC to Outperform and maintained a $37 price target saying he is seeing an improvement in offshore service companies and believes TechnipFMC is positioned for an early-recovery in the subsea market. Previously delayed FIDs are now nearing sanctioning due to stable oil prices and lower breakeven, combined with an improved tone by management, makes the analyst more constructive on shares.

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VECO

Veeco

$21.75

0.5 (2.35%)

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PQG

PQ Group

$16.67

-0.2 (-1.19%)

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CRTO

Criteo

$46.14

0.13 (0.28%)

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Apple

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$46.14

0.13 (0.28%)

AAPL

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$156.17

-0.08 (-0.05%)

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PQG

PQ Group

$16.67

-0.2 (-1.19%)

05:10
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TROX

Tronox

$26.58

0.25 (0.95%)

05:08
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PQG

PQ Group

$16.67

-0.2 (-1.19%)

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ARNC

Arconic

$24.35

-2.82 (-10.38%)

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PQG

PQ Group

$16.67

-0.2 (-1.19%)

05:01
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05:01
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ON

ON Semiconductor

$20.08

0.01 (0.05%)

04:59
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TECH

Bio-Techne

$123.88

-0.37 (-0.30%)

04:58
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ABT

Abbott

$56.08

-0.24 (-0.43%)

, DXCM

Dexcom

$44.77

-0.01 (-0.02%)

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Conference/Events
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ABT

Abbott

$56.08

-0.24 (-0.43%)

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Dexcom

$44.77

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JPM

JPMorgan

$99.34

-0.17 (-0.17%)

, C

Citi

04:55
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04:55
Conference/Events
eSHOW to hold a conference »

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JPM

JPMorgan

$99.34

-0.17 (-0.17%)

C

Citi

CSCO

Cisco

$34.35

0.1 (0.29%)

BLK

BlackRock

$474.39

-2.23 (-0.47%)

BX

Blackstone

$34.72

0.26 (0.75%)

B

Barnes Group

$70.96

-0.93 (-1.29%)

BCS

Barclays

$10.27

-0.04 (-0.39%)

AMZN

Amazon.com

$966.30

-16.61 (-1.69%)

AKAM

Akamai

$51.46

-0.41 (-0.79%)

CS

Credit Suisse

$16.04

-0.06 (-0.37%)

DFS

Discover

$66.84

0.27 (0.41%)

IBM

IBM

$159.55

-2.52 (-1.55%)

INTC

Intel

$40.83

0.4 (0.99%)

SSNLF

Samsung

PAY

Verifone

$19.85

-0.21 (-1.05%)

MA

MasterCard

$145.56

0.18 (0.12%)

SPLK

Splunk

$64.23

0.14 (0.22%)

V

Visa

$107.53

-0.02 (-0.02%)

WFC

Wells Fargo

$54.91

-0.01 (-0.02%)

GOOG

Alphabet

$968.45

-19.75 (-2.00%)

MSFT

Microsoft

$78.83

0.02 (0.03%)

WMT

Wal-Mart

$88.65

1.21 (1.38%)

GS

Goldman Sachs

$242.13

-2.6 (-1.06%)

FB

Facebook

$171.27

-3.71 (-2.12%)

RY

Royal Bank of Canada

$80.19

-0.07 (-0.09%)

T

AT&T

$35.25

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JEF

Bought by LUK

ADBE

Adobe

$172.16

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BAC

Bank of America

$27.16

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DB

Deutsche Bank

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MRK

Merck

$63.40

-0.48 (-0.75%)

, TKPYY

Takeda Pharmaceutical Co. Ltd.

$28.01

-0.055 (-0.20%)

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MRK

Merck

$63.40

-0.48 (-0.75%)

TKPYY

Takeda Pharmaceutical Co. Ltd.

$28.01

-0.055 (-0.20%)

PFE

Pfizer

$36.40

-0.02 (-0.05%)

AGN

Allergan

$187.77

-0.51 (-0.27%)

ONCE

Spark Therapeutics

$83.69

1.82 (2.22%)

PODD

Insulet

$61.02

-0.56 (-0.91%)

ACHN

Achillion

$4.01

-0.14 (-3.37%)

SNY

Sanofi

$49.62

0.11 (0.22%)

ABEO

Abeona Therapeutics

$18.60

-0.4 (-2.11%)

JNJ

Johnson & Johnson

$143.62

1.22 (0.86%)

AZN

AstraZeneca

$34.39

-0.23 (-0.66%)

SHPG

Shire

$144.78

-0.47 (-0.32%)

GSK

GlaxoSmithKline

$40.62

-0.22 (-0.54%)

BMY

Bristol-Myers

$63.75

-0.67 (-1.04%)

SCMP

Sucampo

$10.10

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PCRX

Pacira

$32.95

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FSBK

First South Bancorp

$18.99

0.33 (1.77%)

, CARO

Carolina Financial

$36.80

0.63 (1.74%)

04:55
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Conference/Events
Carolina Financial to host special shareholder meeting »

Special Shareholder…

FSBK

First South Bancorp

$18.99

0.33 (1.77%)

CARO

Carolina Financial

$36.80

0.63 (1.74%)

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ASOMY

ASOS

$73.88

-0.4 (-0.54%)

04:55
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AQXP

Aquinox

$12.47

-0.27 (-2.12%)

04:55
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DDAIF

Daimler AG

$80.60

0.03 (0.04%)

04:55
10/24/17
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04:55
Conference/Events
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  • 24

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PAY

Verifone

$19.85

-0.21 (-1.05%)

04:55
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Conference/Events
Verifone management to meet with Craig-Hallum »

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  • 24

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PMI Composite Flash â€' Level to be reported at 09:45 »

October PMI Composite…

MTNB

Matinas BioPharma

$1.15

-0.08 (-6.50%)

04:55
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SNY

Sanofi

$49.62

0.11 (0.22%)

, TKPYY

Takeda Pharmaceutical Co. Ltd.

$28.01

-0.055 (-0.20%)

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SNY

Sanofi

$49.62

0.11 (0.22%)

TKPYY

Takeda Pharmaceutical Co. Ltd.

$28.01

-0.055 (-0.20%)

UNH

UnitedHealth

$207.01

-0.48 (-0.23%)

NVS

Novartis

$85.91

0.17 (0.20%)

HZNP

Horizon Pharma

$13.86

-0.23 (-1.63%)

ABBV

AbbVie

$94.51

-1.59 (-1.65%)

BAYRY

Bayer

$34.51

-0.29 (-0.83%)

MRK

Merck

$63.40

-0.48 (-0.75%)

RDHL

RedHill Biopharma

$9.11

-0.14 (-1.51%)

NBRV

Nabriva Therapeutics

$6.07

-0.26 (-4.11%)

PFE

Pfizer

$36.40

-0.02 (-0.05%)

TEVA

Teva

$14.54

-0.36 (-2.42%)

GILD

Gilead

$80.17

-1.04 (-1.28%)

ALXN

Alexion

$135.20

-3.82 (-2.75%)

GSK

GlaxoSmithKline

$40.62

-0.22 (-0.54%)

REGN

Regeneron

$432.76

-0.22 (-0.05%)

CELG

Celgene

$122.37

1.04 (0.86%)

LLY

Eli Lilly

$87.18

-0.05 (-0.06%)

AMGN

Amgen

$180.53

-2.43 (-1.33%)

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04:55
10/24/17
10/24
04:55
10/24/17
04:55
General news
Breaking General news story  »

4-Week Bill Auction to be…

OMN

Omnova Solutions

$11.40

0.4 (3.64%)

04:55
10/24/17
10/24
04:55
10/24/17
04:55
Conference/Events
Omnova Solutions management to meet with Sidoti »

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