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Stock Market & Financial Investment News

News Breaks
March 4, 2013
06:45 EDTMDRMcDermott downgraded to Hold from Buy at KeyBanc
KeyBanc downgraded McDermott due to margin concerns as it transitions to a businessmen model to deep-water work.
News For MDR From The Last 14 Days
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August 25, 2014
07:02 EDTMDRMcDermott 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 Halliburtonís artificial lift product and service line.

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