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McDermott ( MDR +33.9% ) says its newly awarded contract for work on a petrochemical project in Russia, announced earlier this week , is in full compliance with the law and does not breach international sanctions against the country. More news on: McDermott International, Inc., Energy...
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 11/14/2019. Please visit our Tracking Prem Watsa's Fairfax Financial Holdings Portfolio series to g...
The energy sector ( XLE -1.3% ) was today's worst performing group as oil and gas prices turned sharply lower amid uncertainty over the prospects for a U.S.-China trade deal. More news on: Energy Select Sector SPDR ETF, McDermott International, Inc., Callon Petroleum Company, Energy st...
Note: I have covered McDermott International ( MDR ) previously, so investors should view this as an update to my earlier articles on the company. Shares of ailing oil-and-gas engineering and construction company McDermott International are down almost 70% since my last articl...
McDermott ( MDR ) cannot catch a break with shares having fallen sharply below the $1 mark amidst lingering concerns about bankruptcy or other sort of restructuring of the company. Much of this has to do with a combination of unprofitable business, cost project overruns and the debt incurr...
HOUSTON , Nov. 18, 2019 /PRNewswire/ -- McDermott International, Inc. (NYSE: MDR) announced today it has been awarded a * sizeable technology contract from Baltic Chemical Company (BCC) and a * sizeable Extended Basic Engineering (EBE) contract from China National Chemical Engineer...
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McDermott ( MDR -26.4% ) shares dive to new lows in the wake of a report that work on the company's Houston headquarters building has been stopped after MDR allegedly fell behind on payments to its general contractor. More news on: McDermott International, Inc., Energy stocks news, Sto...
Gainers: Leaf Group (NYSE: LEAF ) +40% . More news on: Leaf Group Ltd., Clovis Oncology, Inc., RAPT Therapeutics, Inc., Stocks on the move, Read more ...
AnaptysBio (NASDAQ: ANAB ) -73% after Q3 results and lead drug flunks dermatitis study. More news on: AnaptysBio, Inc., Therapix Biosciences Ltd., Red Lion Hotels Corporation, Stocks on the move, Read more ...
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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. ...