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-0.00384615384615376 -0.0384615384615385 0.0115384615384616 -0.00384615384615376 -0.00384615384615376 0.146153846153846 0.103846153846154 0.0265384615384615
Stock impact report

Flotek Industries To Sell Florida Chemical To ADM For $175 Mln [Reuters]

Flotek Industries, Inc. (FTK) 
Last flotek industries, inc. earnings: 8/7 08:54 pm Check Earnings Report
Company Research Source: Reuters
Flotek Industries Inc (FTK.N) Key Developments | Reuters.com Jan 11 (Reuters) - Flotek Industries Inc ::FLOTEK INDUSTRIES TO SELL FLORIDA CHEMICAL TO ADM FOR $175 MILLION.FLOTEK INDUSTRIES INC - ANTICIPATES THAT TRANSACTION WILL HAVE A NEGLIGIBLE CASH TAX EFFECT.FLOTEK INDUSTRIES INC - INTENDS TO USE NET PROCEEDS TO PAY OFF ITS CREDIT FACILITY BALANCE OF APPROXIMATELY $50 MILLION.FLOTEK INDUSTRIES - CURRENTLY CONSIDERING INVESTING $20 MILLION TO $30 MILLION IN PREVIOUSLY IDENTIFIED ORGANIC GROWTH CAPITAL PROJECTS.FLOTEK INDUSTRIES - INTENDS TO ESTABLISH STRATEGIC CAPITAL COMMITTEE TO EVALUATE MANNER IN WHICH CO WILL DEPLOY REMAINING NET PROCEEDS FROM FCC SALE. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, an Show less Read more
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