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More on Flowserve (FLS) Q3 earnings: FY2012 EPS guidance narrowed to $8.20-$8.70, thanks to...

More on Flowserve (FLS) Q3 earnings: FY2012 EPS guidance narrowed to $8.20-$8.70, thanks to negative currency effects (but offset by continued share repurchases). "Softer conditions ... may impact the shorter cycle business and push out the timing of expected later cycle project investments." At 7.97% of assets, Flowserve is the 2nd largest holding of the Water Resources ETF (PHO). (PR)
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