FMC Technologies Gets $980M Angola Contract

Friday, January 04, 2008
FMC Technologies Inc. opened at 59.87. So far today, the stock has hit a low of 59.87 and a high of 62.60. FTI is now trading at 62.05, up 4.82. The stock hit its 52 week high of 67.78 in October and set its 52 week low of 27.56 in January. FTI has been moving upwards for the past year. FMC Technologies announced yesterday evening it got a $980 million contract to supply deepwater sub-sea processing and production systems to Total Exploration & Production Angola.
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