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Stock Market & Financial Investment News

News Breaks
February 28, 2013
18:16 EDTMDRMcDermott sees FY13 revenue in the range of $3B, consensus $3.12B
In a press release the company said: "McDermott’s improved revenue visibility for 2013, including our expectation for total revenue in the range of $3B in 2013, our expectation that McDermott will recognize $2.6 billion in revenue in 2013 from existing backlog and recent awards."
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