Seeking Alpha

FMC Technologies (FTI +7%) enjoys strong gains after posting gains in Q4 and full-year...

FMC Technologies (FTI +7%) enjoys strong gains after posting gains in Q4 and full-year profits on a wave of activity both onshore and offshore. Q4 orders for subsea equipment totaled a better-than-expected $1.38B, and 2013 orders are expected to grow beyond the $4.6B booked in 2012. Expects strong business going forward, but performance of North American markets remains a question mark.
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