MDR News and Press, McDermott International Inc. From 09/17/19

HOUSTON , Sept. 17, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced that its joint venture Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd (QMW) in Qingdao, China , has been awarded a large* contract to provide three complex modules for the Arctic LN...

Oil and gas tickers dominate pre-market gainers in the wake of surging crude oil prices following the attacks in Saudi Arabia over the weekend. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, Denbury Resources Inc., Energy stocks news, News on ETFs, Rea...

NEW YORK , Sept. 6, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its market capitalization range. The changes will be effective prior to t...

Nine companies are moving into the S&P MidCap 400 index , and 10 joining the SmallCap 600, as part of a September rebalancing. More news on: Selective Insurance Group, Inc., Repligen Corporation, FirstCash, Inc., Stocks on the move Read more ...

HOUSTON , Sept. 4, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) along with its partners, Chiyoda International Corporation and Zachry Group, announced today that the first commissioning cargo of liquefied natural gas (LNG) has been shipped from the Freeport LNG project o...

The increase in cheap computing power has substantially increased the amount of investment dollars looking for ideas using data screens and algorithms. Many, if not most of these screens, use backward-looking metrics such as earnings growth, sales growth, profit margins, Debt/EBITDA, EV/EBITDA...

Introduction This forensic value analysis began with a check of four different algorithm scores of Tesla Inc. ( TSLA ) at the request of members of my service back in October 2018. The question they asked at the time was, "what risk does Tesla Inc. pose as an investment?" In an ad hoc quer...

Crude oil prices plunge after China unveils new tariffs on $75B worth of U.S. goods, including a 5% tariff on U.S. crude imports beginning Sept. 1; WTI -2.3% to $54.05/bbl, Brent -1.6% to $58.96/bbl. More news on: The United States Oil ETF, LP, SPDR S&P Oil & Gas Explorati...

Depending on how you define it, crude oil is in a "bull market" with the price of WTI crude up 23% year to date and an even more impressive 32% off the lows from December of 2018. It may not quite feel that way, however, as prices have been exceptionally volatile with growing concerns over glo...

This article is part of a series that provides an ongoing analysis of the changes made to Prem Watsa’s 13F portfolio on a quarterly basis. It is based on Watsa’s regulatory 13F Form filed on 08/14/2019. Please visit our Tracking Prem Watsa’s Fairfax Financial Holdings P...