FMC Tech Sees Impairment Charge Over Canadian Operations

FMC Technologies Inc. said late Monday it is booking a non-cash charge in the third quarter. The oil and gas industry tech and service provider said it expects a $60.2 million charge related to its Surface Technologies' Canadian operations. That translates into a net charge of $45.4 million, or 20 cents a share, for the third quarter, the company said. Analysts surveyed by FactSet expect third quarter earnings of 58 cents a share when the company reports results late Tuesday.

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