MDR News and Press, McDermott International Inc.

January 21 st was not a particularly pleasant day for shareholders of McDermott International ( MDR ). After weeks of rumors and likely months of speculation by investors, the management team at the firm announced a planned restructuring of the company, organized under Chapter 11 of the B...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . A policy decision at the ECB today is set to be dominated by the central bank's first strategic review since 2003 under new President...

McDermott (NYSE: MDR ) outlines its plan to emerge from bankruptcy under new ownership with a plan that would pay bondholders a minimal recovery and wipe out existing shareholders . More news on: McDermott International, Inc., Read more ...

Note: I have covered McDermott International ( MDR ) previously, so investors should view this as an update to my earlier articles on the company. As expected , ailing oil-and-gas engineering and construction company McDermott International has filed for chapter 11 bankruptc...

NEW YORK , Jan. 21, 2020 /PRNewswire/ -- CIT Group Inc. (NYSE:CIT) will replace Tanger Factory Outlet Centers, Inc. (NYSE:SKT) in the S&P MidCap 400 and Tanger Factory Outlet Centers will replace McDermott International, Inc. (NYSE:MDR) in the S&P SmallCap 600 effective prior...

As a result of the upcoming Chapter 11 filing, McDermott (NYSE: MDR ) expects to be delisted from the New York Stock Exchange within the next 10 days. More news on: McDermott International, Inc., Energy stocks news, Top stock market news, Read more ...

HOUSTON , Jan. 21, 2020 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) ("McDermott") today announced that it has the support of more than two-thirds of all its funded debt creditors for a restructuring transaction that will equitize nearly all the Company's funded debt, elimina...

Note: I have covered McDermott International ( MDR ) previously, so investors should view this as an update to my earlier articles on the company. According to a late-Friday Bloomberg article , ailing oil-and-gas engineering and construction company McDermott International is ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Stocks dropped across the globe following a big selloff in Asia on concerns that a mysterious coronavirus emanating from China will s...

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