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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."
News For MDR From The Last 14 Days
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January 21, 2015
10:01 EDTMDROn The Fly: Analyst Downgrade Summary
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06:40 EDTMDRMcDermott downgraded to Neutral from Buy at UBS
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January 15, 2015
06:01 EDTMDRMcDermott and GE launch io oil & gas consulting
McDermott (MDR) and GE Oil & Gas (GE) launched io oil & gas consulting, a new independent venture to transform front-end offshore field development. io will consider the full field as one system and have the technical insight to develop every aspect of the front-end solution. McDermott’s investment in io aligns with the company’s strategy to become more client-focused and responsive to operators’ challenges.
05:22 EDTMDRGE Oil & Gas, McDermott launch io oil & gas consulting
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