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Stock Market & Financial Investment News

News Breaks
May 5, 2014
07:58 EDTMRCMRC Global upgraded to Buy from Speculative Buy at Global Hunter
Global Hunter upgraded MRC Global to Buy based on improving upstream sales and midstream sales following the Q1 report. Price target raised to$35 from $32.50.
News For MRC From The Last 14 Days
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September 2, 2015
16:23 EDTMRCMRC Global signs 5-year global contract extension with Phillips 66
MRC Global announced that its subsidiary, McJunkin Red Man Corporation, has signed a five-year contract to supply pipe, valve and fitting, or PVF, products and services for Phillips 66 (PSX). This global agreement is an expansion of the existing North American supply contract between the two companies and has been expanded to include refining in Europe. Phillips 66 is a diversified energy manufacturing and logistics company with leading Midstream, Chemicals, Refining and Marketing and Specialties businesses.
September 1, 2015
08:20 EDTMRCMRC Global sees Q3 revenue sequentially lower by 7%-12%, consensus $1.08B
Sees year-over-year changes in the Upstream to be a high 30% decline, the Midstream to be a high single digit decline and the Downstream to be a mid single digit decline.
08:19 EDTMRCMRC Global sees FY15 revenue down 20%-25% from FY14, consensus $4.64B
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August 31, 2015
16:09 EDTMRCLongbow to hold a conference
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