S&P Downgrades SPX Flow (FLOW) to 'BB-'; Outlook Negative
- Wall St opens flat ahead of Easter break, eyes sharp Q1 gains
- Home Depot agrees to buy SRS Distribution, sees TAM expanding to $1 trillion
- Stocks head into quarter-end on the up; yen on intervention watch
- Dollar gains as inflation data looms; yen on intervention watch
- Piper Sandler: Stock rally likely to continue on rising recession risks
- AMC Entertainment (AMC) enters into an equity distribution agreement
- Discover Financial Services (DFS) Announces CEO Resignation
- Timken (TKR) Appoints Tarak Mehta as New CEO
- Crude Inventory Increases 3.2 Million Barrels
- Intuitive Machines (LUNR) Files for $300M Share Offering, 160M Share Offering by Selling Stockholders
SPX Flow (FLOW) Reports Q3 EPS of $0.34; Updates Outlook
November 2, 2016 6:35 AM EDTSPX Flow (NYSE: FLOW) reported Q3 EPS of $0.34. Revenue for the quarter came in at $466.8 million, versus $589.5 million reported last year.
GUIDANCE:
SPX Flow updatess FY2016 EPS to $1.27-$1.47.
"We have made good progress this year executing on our realignment program and transitioning to an operating structure that will establish a strong foundation for long-term success. We realized $16 million of year-over-year cost... More