Want to join the conversation?
$FTI said that it expects to incur additional restructuring costs of approx. $25-30MM in total over the coming quarters as further restructuring actions are taken, primarily in Subsea Technologies segment. The headcount reductions and other restructuring actions will be more significant than previous one, said the company.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.