Fuel-Tech (FTEK) Chairman Bailey Buys 25K Shares
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Fuel-Tech, Inc. (Nasdaq: FTEK) Chairman, Ralph E. Bailey, bought 25,000 shares on 03/07 at $17.90, bringing his stake to 4,637,400 shares.
In addition, Director, Douglas Bailey, disclosed a purchase of 20,000 shares on 3/10 after the close.
Fuel-Tech has been under pressure recently following lower than expected 2008 revenue guidance.
Fuel Tech, Inc. provides engineering solutions for the optimization of combustion systems in utility and industrial applications worldwide. [LJ]
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