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Stock Market & Financial Investment News

News Breaks
August 25, 2014
07:02 EDTMDR, HALMcDermott names Stuart Spence as CFO, effective August 23
McDermott International (MDR) announced that Stuart Spence has been appointed EVP and CFO following the departure of Perry L. Elders, SVP and CFO, effective August 23. Elders will be pursuing other opportunities. Immediately prior to joining McDermott, Spence served as Vice President, Artificial Lift for Halliburton Company (HAL), where he had overall strategic and operational responsibility for Halliburton’s artificial lift product and service line.
News For MDR;HAL From The Last 14 Days
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March 30, 2015
17:43 EDTMDRMcDermott awarded Chevron subsea installation contract
McDermott International (MDR) announced that it has been awarded a sizeable contract to transport and install subsea umbilicals, manifolds, jumpers and flying leads for Chevron (CVX) to support the brownfield expansion of the Jack and St. Malo fields in the U.S. Gulf of Mexico. The value of the award is included in McDermott’s first quarter backlog. McDermott’s subsea construction vessel, North Ocean 102, is expected to transport and install 30 miles of umbilicals and associated flying leads. The final jumper assembly is scheduled to be completed at McDermott’s Gulfport Spoolbase in Mississippi prior to installation by McDermott’s Derrick Barge 50 utilizing its deepwater lowering system. The installation campaign is expected to commence in the second quarter.
March 27, 2015
12:20 EDTHALHalliburton, Baker Hughes announce shareholder approval of merger
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March 26, 2015
11:30 EDTHALStocks with call strike movement; HAL YHOO
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March 24, 2015
12:19 EDTMDRMcDermott sees $50M cash savings in 2015
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March 23, 2015
15:56 EDTHALSuperior Energy interested in Halliburton, Baker Hughes assets, Bloomberg says
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March 20, 2015
09:22 EDTHALHalliburton, Baker Hughes to seek buyers for $10B in assets, Bloomberg says
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07:19 EDTHALWhite House expected to unveil fracking rules today, WSJ says
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