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The Latest Breaking News from FTI

This Energy Stock Is Trading at New 10-Year Highs

TechnipFMC (FTI) is a leading oil and gas industry supplier with strong technical momentum. Shares are trading at a new 10-year high. FTI maintains an 88% “Buy” Barchart opinion. The stock is up nearly 59% over the past year and 45% in the year to date. Today’s Featured Stock Valued...

Barchart

Alpha Buying: When Insiders Buy Big & Why It Works in Every Market

Every market cycle has its own cast of optimists and skeptics. But few voices carry as much weight as the executives who actually run the companies we own. When those leaders open their own checkbooks for seven figure insider purchases, they are not talking, they are betting real money that…

Benzinga

Pizza Hut administration: the 68 restaurants that will close

US company Yum! Brands appoints FTI as administrators to oversee deal that will preserve 1,276 jobs

The Guardian - UK

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All the Pizza Hut restaurants in London set to close

The closures will see 1,210 jobs across the UK at risk of redundancy after the firm behind Pizza Hut’s dine-in restaurants collapsed into administration

Evening Standard

Thames Water: advisers appointed to plan for company’s potential collapse

FTI Consulting seen as frontrunner to advise on placing the utility into a special administration regime

The Guardian - UK

These Analysts Boost Their Forecasts On TechnipFMC Following Upbeat Q2 Earnings

TechnipFMC plc (NYSE:FTI) reported better-than-expected second-quarter EPS and sales results on Thursday.

Benzinga

3 Oilfield Service Stocks Poised for Recovery

As oil demand rises and production ramps up, the energy sector shows signs of recovery. Amid this backdrop, investors looking to invest in this industry might consider fundamentally sound oilfield services stocks like TechnipFMC (FTI), Subsea 7 S.A. (SUBCY), and ChampionX Corp. (CHX), which are poised to capitalize on the…

StockNews.com

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Is TechnipFMC's Position in the Energy Sector a Reason to Buy?

The energy market is continuously evolving and expanding, fueled by favorable trends and advanced technologies, and TechnipFMC (FTI) stands to capitalize on these market trends with robust demand for its services and solid financial performance. So, let’s determine whether TechnipFMC plc is an ideal addition to your portfolio. Read more…

StockNews.com

Hotels worry as another German firm goes bust

Another tour firm in Germany has filed for bankruptcy, but the impact should be less than the recent FTI insolvency, according to the Thai Hotels Association (THA).

Bangkok Post

Thai hotels hit by collapse of German firm

The collapse of the third-largest tour operator in Europe has started to affect thousands of tourists and hundreds of hotels in Thailand, leading to losses of 111 million baht.

Bangkok Post

Holidaymakers asked to pay twice for hotels following collapse of German travel firm

‘We are aware of situations where guests are being asked to pay for their accommodation locally’ – FTI subsidiary, Youtravel

The Independent UK

3 Top Energy Service Stocks for Resilient Investments

Robust global energy consumption propels the demand for advanced energy services for exploration, drilling, and distribution of oil and gas to ensure continuous energy availability. Hence, top energy service stocks ChampionX (CHX), Halliburton (HAL), and TechnipFMC (FTI) could be resilient investments now. Read more….

StockNews.com

Up 33% YTD, This Energy Dividend Stock Is Still a Top Offshore Pick

Discover why TechnipFMC has become Barclays' top offshore pick, and how its impressive performance and strategic advantages make it a standout dividend stock.

Barchart

3 Energy Stocks Set to Soar Beyond Expectations

Given the geopolitical tensions, increasing global oil demand, and supply adjustments, the energy sector is poised for robust growth. Therefore, investors might consider investing in energy stocks TechnipFMC (FTI), Weatherford International (WFRD), and ChampionX (CHX), which are poised to exceed expectations. Keep reading….

StockNews.com

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Bangkok Post

Thai retirement age could be increased

The increasing elderly population in Thailand is prompting a serious discussion on raising the retirement age beyond 55 to accommodate an "aged society" and deal with an ongoing labour shortage in the country, says the Federation of Thai Industries (FTI).

Bangkok Post

EV sector may face new chip shortage

Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).

Bangkok Post

Delay poses risks to the economy

The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline…

Bangkok Post

Trade takes another hit

The value of Thai exports dipped for an eighth consecutive month in May, falling by 4.6% to US$24.3 billion, contributing to an overall decline of 5.1% to $116 billion in the first five months of this year.

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Bangkok Post

Private sector lauds speaker choice

Business leaders are expecting a smoother path for the Move Forward Party (MFP) and its seven political party allies to form a government and deal with economic challenges after settling on a House speaker.

Bangkok Post

Production hit by export slowdown

Manufacturers in 25 industries are adjusting their production plans following an export downturn that caused a drop in value for eight consecutive months, says the Federation of Thai Industries (FTI).

Bangkok Post

FTI upbeat on motorcycle production

The Federation of Thai Industries (FTI) is maintaining its projection for motorcycle production this year at 2.1 million units, thanks to higher demand driven by the tourism recovery.

Bangkok Post

Manufacturers seek steps to reduce costs

Manufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI).

Bangkok Post

Horns of a dilemma

With the Move Forward Party (MFP) still on track to establish a new government, fresh concerns over the next chapter in Thai-Chinese economic relations have surfaced.

Bangkok Post

Easing of chip shortage boosts output

Thailand's car manufacturing increased by 16.4% year-on-year in May to 150,532 cars thanks to the easing of the global semiconductor shortage, said the Federation of Thai Industries (FTI).

Bangkok Post

Sentiment declines again last month

Delays in establishing a new coalition government were partly blamed for a drop in the Thailand Industry Sentiment Index (TISI) for a second consecutive month, with the May reading at 92.5 points, down from 95 in April.

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