MDR News and Press, McDermott International Inc. From 09/20/19

Friday saw modest losses for the stock market, largely in response to some troubling news on the trade front between the U.S. and China. Chinese trade officials canceled a planned visit to Montana, leading some to fear that what seemed to be thawing relations with the U.S. might be starting to g...

A sharp rally in the bonds of three distressed energy companies - McDermott International ( MDR +28.5% ), California Resources Corp. ( CRC +13.3% ) and PG&E ( PCG -5.7% ) - dominates today's trading in the corporate bond market, WSJ reports. More news on: McDermott Internatio...

Shares of energy industry construction and engineering specialist McDermott International  (NYSE: MDR)  surged as much as 70% on September 20; as of 12:10 p.m. EDT, shares were up more than 60%.   To explain today's jump, we must go back a couple of days. On Sept. 18, Mc...

Gainers: Helios and Matheson Analytics ( OTCPK:HMNY ) +42% . McDermott International (NYSE: MDR ) +31% . Midatech Pharma plc (NASDAQ: MTP ) +30% . Stage Store (NYSE: SSI ) +26% . San Juan Basin Royalty Trust (NYSE: SJT ) +20% . Interlink Electronics ( OTCPK:LINK ) +20% . California ...

McDermott ( MDR +33.2% ) trims big early gains after WSJ reports the company has hired the Kirkland & Ellis law firm to advise on efforts to restructure its balance sheet. More news on: McDermott International, Inc., Energy stocks news, Stocks on the move, Read more ...

McDermott International (NYSE: MDR ) +47%  on exploring sale of Lummus Technology business. More news on: McDermott International, Inc., California Resources Corporation, Astrotech Corporation, Stocks on the move, Read more ...

McDermott (NYSE: MDR ) +75.9% pre-market after saying it is exploring strategic alternatives for its Lummus Technology unit, which it values at ~$2.5B, after receiving unsolicited approaches to acquire all or part of the business. More news on: McDermott International, Inc., Energy sto...

HOUSTON , Sept. 20, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) today announced it recently received unsolicited approaches to acquire all or part of Lummus Technology, McDermott's industry-leading technology business, with valuation exceeding $2.5 billion . Based on t...

McDermott International Inc. (NYSE:MDR) has enlisted AlixPartners LLP to help stem its heavy losses, with MDR stock plummeting 22%. McDermott, an American oil and gas engineering firm, has been struggling in recent quarters and posted a net loss of $146 million USD and an operating loss...

Shares of engineering and construction firm McDermott International (NYSE: MDR) are down 23% as of 1:30 p.m. EDT today. Today's drastic stock plummet comes after yesterday's free fall that was halted multiple times and ended the day down 63%. It has been a rough couple of days for the eng...