Flowserve FLS = BWF + DURI flow management

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Technology Stocks
Flowserve FLS = BWF + DURI flow management

An SI Board Since August 1997

Posts	SubjectMarks	Bans
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Emcee: Mel Spivak	Type: Unmoderated

Introduction Compact

FLS is the result of the merger of BWF and DURI. They are well sponsored and Salomon issued a strong buy. Here's the merger news:

LONG BEACH, Calif., and DAYTON, Ohio, July 23 /PRNewswire/ -- Flowserve
Corporation, the industrial flow management company formed by the merger of BW/IP, Inc., and Durco International, Inc., that was approved by shareholders of both companies yesterday, begins trading on the New York Stock Exchange today under the symbol ``FLS.''

BW/IP, Inc., previously traded on the New York Stock Exchange under the symbol ``BWF'' and Durco International, Inc., previously traded on the NASDAQ national market system under the symbol ``DURI''

Under the stock-for-stock merger of equals approved yesterday, Durco
shareholders retained their present shares and BW/IP shareholders received 0.6968 shares of Durco common stock. Simultaneously, shareholders approved changing the name of the company to Flowserve Corporation. There are currently 40,715,000 shares of Flowserve Corporation common stock outstanding.

Flowserve Corporation is the world's premier provider of industrial flow management services.

BW/IP, Inc., has been a worldwide supplier of advanced-technology fluid transfer and control equipment, systems and services.

Durco International has been engaged in the design, manufacture and
marketing of fluid handling equipment, primarily pumps, valves, control valves and mechanical seals for the global process
industry.

More information about Flowserve Corporation, BW/IP, Inc. and Durco
International can be obtained by visiting their Web sites at
flowserve.com, bwip.com, and durco.com.

-------------------------
SOURCE: Flowserve Corporation
Contact: Dan Peoples, 619-552-1456 or 310-435-3700

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
33	what's your guess on this weeks' earnings??	puborectalis	-	10/24/2010
32	Flowserve Acquires Valbart Srl, Italian Valve Manufacturer finance.yahoo.com Fr	JakeStraw	-	7/16/2010
31	Flowserve Receives Valve Orders from China Nuclear Power Engineering Co. finance	JakeStraw	-	4/21/2010
30	Flowserve Successfully Tests 2500 PSI Subsea Multiphase Pump finance.yahoo.com	JakeStraw	-	3/19/2010
29	Flowserve Announces Multi Million Dollar Valve Order from State Nuclear Power En	JakeStraw	-	3/10/2010
28	Flowserve Corp. Q4 2009 Earnings Call Transcript February 28, 2010 seekingalpha.	JakeStraw	-	3/1/2010
27	Flowserve Receives $31 Million Pump Order from LUKOIL Neftochim Burgas AD for La	JakeStraw	-	2/25/2010
26	Flowserve Announces Expected 2009 EPS to be At or Above the High End of the Prev	JakeStraw	-	1/29/2010
25	FLS keeps advancing. I've added small to my small position.	Paul Senior	-	10/12/2009
24	Flowserve Booked Multi-Million Dollar Valve Order From Korea Hydro & Nuclear	JakeStraw	-	10/6/2009
23	Nice news from FLS, imo. I recently bought a few shares; will add more if I ca	Paul Senior	-	8/25/2009
22	Flowserve Expands Presence in the Solar Power Generation Market finance.yahoo.co	JakeStraw	-	8/12/2009
21	Flowserve Receives Orders of Over $45 Million to Supply Valves for Four Westingh	JakeStraw	-	7/30/2009
20	Flowserve Announces Order of Approximately $8 Million For Pumps to Boost Shell O	JakeStraw	-	7/27/2009
19	Flowserve Announces $18.4 Million in Pump Orders to Support Plangas Initiative f	JakeStraw	-	6/16/2009
18	Flowserve Q1 2009 Earnings Call Transcript seekingalpha.com	JakeStraw	-	5/6/2009
17	Flowserve Reports Record First Quarter EPS of $1.64, up 8%, Including Realignmen	JakeStraw	-	4/30/2009
16	Flowserve Acquires CALDER AG, a Leading Supplier of Critical Proprietary Technol	JakeStraw	-	4/21/2009
15	Flowserve Receives Additional Valve Orders for Two Westinghouse AP1000 Nuclear P	JakeStraw	-	3/31/2009
14	Flowserve Opens Dubai Gulf Free Zone Quick Response Center to Support Middle Eas	JakeStraw	-	3/26/2009
13	Flowserve and Al-Rushaid Group Open Middle East's Largest Pump Manufacturing	JakeStraw	-	3/23/2009
12	Flowserve Signs Valve Joint Venture Agreement with SUFA Technology Industry Co.	JakeStraw	-	3/13/2009
11	Flowserve Q4 2008 Earnings Call Transcript seekingalpha.com	JakeStraw	-	2/27/2009
10	Flowserve Signs Valve Manufacturing Joint Venture with S&A Abahsain Co. Ltd.	JakeStraw	-	2/24/2009
9	Flowserve Announces 2009 EPS Target Range of $6.75 to $7.50, Which Includes the	JakeStraw	-	1/30/2009

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