05:43 PM EDT, 07/23/2024 (MT Newswires) -- TechnipFMC ( FTI ) said late Tuesday it received a substantial contract from Petrobras (PBR) to supply flexible pipe for the pre-salt fields offshore Brazil. TechnipFMC ( FTI ) defines a substantial contract as one that ranges between $250 million and $500 million in value. The company said the contract covers the design,...

05:39 PM EDT, 07/23/2024 (MT Newswires) -- Estee Lauder ( EL ) said Tuesday it has appointed Akhil Shrivastava as chief financial officer, starting Nov. 1. The company said Shrivastava, who joined the firm in 2015, succeeds Tracey Travis, who will remain at the firm until her retirement on June 30 next year to support a seamless transition. Price: 99.99,...

05:44 PM EDT, 07/23/2024 (MT Newswires) -- Flowserve ( FLS ) late Tuesday said it acquired the intellectual property and in-process research and development of cryogenic liquefied natural gas submerged pump technology, systems and packaging from NexGen Cryogenic Solutions. NexGen specializes in the engineering, design and testing of LNG pumps and cold energy recovery turbines. Flowserve ( FLS ) expects...

MEXICO CITY, July 23 (Reuters) - Mexico's Grupo Financiero Banorte reported on Tuesday a 7% climb in second-quarter net profit from the year-ago period, citing double-digit growth in its loan book. Net profit for the quarter hit 14.02 billion pesos ($766.59 million), as its active loan book topped 1 trillion pesos for the fourth consecutive quarter. The results were just...