Moody’s places its ratings on Flowserve (FLS +1.2%) on review for a possible upgrade after the...

|About: Flowserve Corporation (FLS)|By:, SA News Editor

Moody’s places its ratings on Flowserve (FLS +1.2%) on review for a possible upgrade after the maker of industrial valves and pumps unveiled a new capital structure program that included authorization for the expansion of its stock buyback program to $1B.