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Stock Market & Financial Investment News

News Breaks
March 20, 2014
08:03 EDTMDRMcDermott awarded subsea contract in Brazil
McDermott International announced that one of its subsidiaries has entered into an agreement with Petrobras for the supply of its subsea Lay Vessel North Ocean 105. This contract is included in McDermott’s first quarter 2014 backlog. The LV105 will carry out deepwater umbilical and flexible pipe installation in the pre-salt region and Campos Basin area offshore Brazil. Expected to commence during the third quarter of 2014, the term of the charter is approximately 200 days, with an option to extend.
News For MDR From The Last 14 Days
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May 25, 2015
15:24 EDTMDRMcDermott shares could double or more over the long term, Barron's says
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May 13, 2015
07:25 EDTMDRUBS to hold a tour
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May 11, 2015
16:27 EDTMDRMcDermott reports Q1 EPS (6c), consensus (8c)
Reports Q1 revenue $550.5M, consensus $759.1M. It stated, "Revenues for the first quarter 2015 were affected by weather and third-party performance delays on the Company’s INPEX project, as well as customer initiated changes on Middle East brownfield projects that impacted the timing of vessel mobilization."
15:00 EDTMDRNotable companies reporting after market close
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