MDR News and Press, McDermott International Inc. From 09/30/19

Extreme Value Plays They say that twice a day a broken clock tells the right time. For most of the miners and oilers, especially the smaller ones, there are a lot of broken ones - if a price chart is your only picture. Over the past five years, the stock prices of many of these struggling ...

The evidence that Mr. Market is going into full irrational panic mode is mounting with the stock price collapse of McDermott International ( MDR ). Those who have been investing for a while have seen this type of behavior before. The short-term implications are ominous for individual sharehold...

Amidst fears from the market that the end might be near for McDermott International ( MDR ), the management team at the firm has come out with a statement claiming that it is exploring a potential sale of its Lummus Technology business in a deal that would generate billions of dollars in c...

The trading in securities of McDermott International ( MDR ) has been chaotic over the last week as investors faced extreme uncertainty and lack of transparency by management. Too much negative news has come from non-management sources and some positive news by management has been very vague. ...

Wednesday was a good day on Wall Street, as major benchmarks gained as much as 1%. Investors still have a lot to think about when it comes to various macroeconomic and geopolitical pressures, but some progress on the trade front seemed to calm the markets even amid a potential impeachment of Pre...

MDR stock is down over 5.5% today amid reports that McDermott International Inc (NYSE:MDR) is seeking a bridging loan to avoid bankruptcy. MDR Stock Down Nearly 70% This Year The company is seeking a loan to help it cover a working-capital deficit of $1.7 billion USD so that it can sell...

McDermott ( MDR -6.6% ) is seeking a bridge loan to cover a $1.7B working capital gap until it can sell assets such as Lummus Technology, Bloomberg reports. More news on: McDermott International, Inc., Energy stocks news, Stocks on the move, Read more ...

Shares of ailing oil-and-gas engineering and construction company McDermott International ( MDR ) fell off a cliff last week after media reports of the company having retained turnaround consulting firm AlixPartners LLP " to advise on efforts to improve cash flow and stem a recent spate of n...

HOUSTON , Sept. 24, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced that it was awarded a sizeable* front-end engineering design (FEED) contract by POSCO INTERNATIONAL Corporation for the Shwe Phase 3 gas field development, located offshore Myanmar . "This awa...

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...