My morning post is a bit late today as I was covering the FWLT conference call for TheStreet.com. FWLT reported an outstanding quarter, and the stock is +13% higher on the results. After my summary of the call is posted on realmoney.com, I will post a copy here.

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A pair of Russia’s old, loud nuclear attack boats patrolling off the Eastern seaboard is news? The Tu-95 flights off Alaska and the UK last year were so much more interesting… Galrahn suggests that the only “news” is that the USN decided to publicize its ability to locate Russian attack boats.

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