Dresser-Rand's (DRC -5.2%) Q2 earnings rose more than expected, but the equipment maker warned...

|About: Dresser-Rand Group Inc. (DRC)|By:, SA News Editor

Dresser-Rand's (DRC -5.2%) Q2 earnings rose more than expected, but the equipment maker warned that its new-unit bookings have slowed. J.P. Morgan notes DRC's caution follows recent comments from fellow oil equipment companies FMC Tech (FTI -2%) and Cameron (CAM -4.4%) about delayed orders and project progression hitting the latest and near-term future results (I, II).