FMC Technologies (FTI) Negotiations Rumors; First Solar (FSLR) Downward Outlook-Reaction


The price of FMC Technologies, Inc. (NYSE:FTI) shares surged over 4% in after-hours trading Wednesday, following a report by Bloomberg indicating that the company is in talks with oilfield services giant Technip SA (OTCMKTS:TKPPY) regarding a potential combination of the two companies

FTI stock closed the regular session at $31.43, up $0.72 (or +2.34%), with a total volume of 6,664,193 shares traded during the day, increased more than twofold versus its average volume (3m) of 2,910,850

FMC Technologies, a leading provider of technologies and services to the oil and gas industry, has 227.98M Shares Outstanding, Market Capitalization (intraday) of $7.17B and FTI stock 52-week range is between $27.94 and $48.75 per share



Shares of First Solar, Inc. (Nasdaq:FSLR) plunged more than 9% in the extended session Wednesday after the company said that it expects full-year 2016 net sales to be in a range of $3.9 billion to $4.1 billion and earnings per share to be between $4.00 and $4.50, compared to the Capital IQ consensus estimate of $3.94 earnings per share on revenues of $4.05 billion for the period

2,768,092 shares of the company exchanged hands throughout the day, to finally close at $58.85, down $0.22 (or -0.37%)

First Solar, which provides solar energy solutions worldwide, has 100.92M Shares Outstanding, Market Capitalization (intraday) of $5.94B, and FSLR stock one-year range is from $39.18 to $65.50 per share


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