Flowserve Divests Legacy Asbestos Liabilities
Flowserve Corporation (FLS)
Last flowserve corporation earnings: 2/17 04:20 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.flowserve.com
Company Research
Source: Business Wire
Divestiture includes all asbestos liabilities, related insurance assets, and associated deferred tax assetsSimplifies capital structure, reduces volatility, and strengthens cash flow generationImproves flexibility for capital allocation toward strategic growth opportunities DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, has reached an agreement to divest BW/IP - New Mexico, Inc. (“BW/IP”), a wholly owned subsidiary of the Company that holds asbestos liabilities and related insurance assets, to an affiliate of Acorn Investment Partners (“Acorn”), a portfolio company of funds managed by Oaktree Capital Management L.P.Under the terms of the agreement, Acorn will assume full responsibility for BW/IP and its administration and resolution of all current and future asbestos-related claims associated with the acquired liabilities. As a result of the tra
Show less
Read more
Impact Snapshot
Event Time:
FLS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FLS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FLS alerts
High impacting Flowserve Corporation news events
Weekly update
A roundup of the hottest topics
FLS
News
- Flowserve (FLS) Valuation Check After Zacks Upgrade and Strong Quarter Boost Investor Optimism [Yahoo! Finance]Yahoo! Finance
- Will Easing Short Interest Shift How Investors Read Flowserve's (FLS) Execution Risk and Sentiment? [Yahoo! Finance]Yahoo! Finance
- Flowserve Wins Prestigious 2025 Vaaler Award for Innovation in the Chemical Industry [Yahoo! Finance]Yahoo! Finance
- Flowserve Wins Prestigious 2025 Vaaler Award for Innovation in the Chemical IndustryBusiness Wire
- Flowserve (NYSE:FLS) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=FLS&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> frMarketBeat
FLS
Earnings
- 10/28/25 - Beat
FLS
Sec Filings
- 12/3/25 - Form 4
- 12/2/25 - Form 144
- 12/1/25 - Form 4
- FLS's page on the SEC website