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Shares of oilfield equipment maker FMC Technologies (FTI +3.9%) surge after Q2 profit...

Jul. 25, 2012 11:51 AM ETTechnipFMC plc (FTI) StockFTIBy: Carl Surran, SA News Editor
Shares of oilfield equipment maker FMC Technologies (FTI +3.9%) surge after Q2 profit margins on the company's subsea sales increase more than expected to 11.6%. FTI will garner $4B-$5B in subsea-related orders this year as the market for underwater drilling equipment strengthens, CEO John Gremp says.

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