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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...
Wednesday was a momentous day on Wall Street, with the Federal Open Market Committee deciding to lower interest rates in a split decision. The central bank settled on a quarter-point cut, but two officials voted to keep rates steady, and another wanted a larger half-point reduction instead. That...
Shares of McDermott International (NYSE: MDR) fell 49% today before trading was halted. The company later released a short statement saying it had engaged with outside advisors, as it routinely does in the course of normal operations, to evaluate opportunities for the business. There's more ...
Trading resumes in McDermott ( MDR -44.2% ) after the company issues a statement in response to its earlier halt, saying it "routinely hires external advisors to evaluate opportunities for the company." More news on: McDermott International, Inc., Energy stocks news, Stocks on the move...
HOUSTON , Sept. 18, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE:MDR) routinely hires external advisors to evaluate opportunities for the Company. The Company is taking positive and proactive measures, as we have done in the past, intended to improve its capital ...
Gainers: SPI Energy Co. (NASDAQ: SPI ) +42% . Lexicon Pharmaceuticals (NASDAQ: LXRX ) +22% . DAVIDsTEA (NASDAQ: DTEA ) +17% . Dynagas LNG Partners LP (NYSE: DLNG ) +12% . Edesa Biotech (NASDAQ: EDSA ) +12% . SCYNEXIS (NASDAQ: SCYX ) +11% . Eyenovia (NASDAQ: EYEN ) +10% . elect...
Trading in McDermott International ( MDR -49% ) has been halted for the past hour with news pending, after the stock amassed losses totaling nearly 50% on heavy volume. More news on: McDermott International, Inc., Energy stocks news, Stocks on the move, Read more ...
Below are the five companies in the Oil & Gas Equipment & Services industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing. RPC Inc. ranks highest with ROE of ...
McDermott (NYSE: MDR ) says its joint venture Qingdao McDermott Wuchuan joint venture was awarded a large contract to provide three complex modules for Novatek's Arctic LNG 2 project in Russia. More news on: McDermott International, Inc., Energy stocks news, Read more ...
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...
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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...
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...
HOUSTON , Jan. 17, 2020 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) with its partners, Chiyoda International Corporation and Zachry Group, today announced the beginning of commercial operation of Train 2 of the Freeport LNG project, owned by Freeport LNG Development, L.P. ...