News Breaks |
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| February 28, 2013 |
| 18:16 EDT |  | MDR | McDermott 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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News For MDR From The Last 14 Days Check below for free stories on MDR the last two weeks. |
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| May 16, 2013 |
| 10:03 EDT |  | MDR | On The Fly: Analyst Downgrade Summary
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| 09:10 EDT | | MDR | McDermott downgraded to Hold from Accumulate at Tudor Pickering
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| May 10, 2013 |
| 10:00 EDT | | MDR | On The Fly: Analyst Downgrade Summary
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| 08:52 EDT | | MDR | McDermott downgraded to Sector Perform from Outperform at Howard Weil
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| 08:45 EDT | | MDR | McDermott downgraded to Neutral from Add at Capital One
Capital One downgraded McDermott citing the weak Q1 report and execution risk. Price target is $12. |
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| 08:02 EDT | | MDR | McDermott downgraded to Equal Weight from Overweight at Stephens
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| 06:49 EDT | | MDR | McDermott downgraded to Equal Weight from Focus List at Johnson Rice
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| May 9, 2013 |
| 10:08 EDT |  | MDR | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Chicago Bridge & Iron (CBI) initiated with a Buy at Deutsche Bank... Fluor (FLR) initiated with a Buy at Deutsche Bank... Infinity Pharmaceuticals (INFI) initiated with an Outperform at Wells Fargo... Jacobs Engineering (JEC) initiated with a Hold at Deutsche Bank... KBR (KBR) initiated with a Buy at Deutsche Bank... MasTec (MTZ) initiated with a Buy at Deutsche Bank... McDermott (MDR) initiated with a Hold at Deutsche Bank... Merit Medical (MMSI) initiated with a Hold at Benchmark Co... Ocean Power (OPTT) initiated with a Strong Buy at Ascendiant Capital... Quanta Services (PWR) initiated with a Buy at Deutsche Bank... ZELTIQ Aesthetics (ZLTQ) initiated with a Buy at Maxim... Evercore Partners (EVR) initiated with a Positive at Susquehanna... Alexander & Baldwin (ALEX) initiated with an Outperform at JMP Securities... Myriad Genetics (MYGN) coverage resumed with an Overweight at Stephens... Pinnacle Foods (PF) initiated with a Buy at Janney Capital. |
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| 09:19 EDT |  | MDR | On The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference. |
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| 09:00 EDT |  | MDR | McDermott falls 9.2%
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