Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
UPDATE 1-TABLE-Flowserve Q4 earnings rise
(Adds '07 outlook)
March 1 (Reuters) -
Flowserve Corp. (FLS.N)
Latest Forecast* No. of Yr ago
analysts qtr EPS, cont. ops
(diluted, $/shr) 0.58 -- -- 0.40 EPS, adjusted(dil, $/shr) 0.70 -- -- 0.42 Sales ($ million) 884 866.7 4 --
*Source: Reuters Estimates
--The company, which makes fluid motion and control products, said earnings as reported include a 12 cents per share impact related to the realignment charges.
--For the latest fourth quarter, five analysts on average had expected the company to earn 74 cents a share, before exceptional items, according to Reuters Estimates.
--The company said it expects fiscal 2007 sales of $3.4 billion to $3.6 billion. Analysts expect sales of $3.5 billion. (Reporting by Purwa Khandelwal in Bangalore)
