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Stock Market & Financial Investment News

News Breaks
December 27, 2012
08:01 EDTMDRMcDermott signs shipyard contract for construction of deepwater S-Lay vessel
McDermott International announced that one of its subsidiaries has signed a contract for the design and construction of a new high-spec, highly capable dynamically-positioned combination S-Lay vessel with a 2,000-ton crane. The vessel, tentatively named Derrick Lay Vessel 2000, will be constructed at Keppel Singmarine in Singapore and is expected to take approx 2.5 years to build.
News For MDR From The Last 14 Days
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April 14, 2015
10:01 EDTMDROn The Fly: Analyst Upgrade Summary
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05:36 EDTMDRMcDermott upgraded to Outperform from In-Line at Imperial Capital
Imperial Capital upgraded McDermott to Outperform saying the company will benefit from growing demand for offshore oil and gas construction services. The firm raised its price target for shares to $6 from $4.
April 7, 2015
09:08 EDTMDRMcDermott awarded SURF installation scope for Atlanta EPS
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