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McDermott


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McDermott to Present at the Lehman Brothers 2008 CEO Energy/Power Conference

HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (“McDermott”) (NYSE:MDR) announced today that Bruce W. Wilkinson, Chairman of

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B&W to Supply Steam Cogeneration Equipment for Canadian Oil Sands Project

HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE:MDR) (“McDermott”) announced today that a subsidiary of The Babcock

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Guru Stocks at 52-Week Low: Cadbury PLC, Cameco Corp, McDermott International Inc, Allegheny Energy Inc, General Growth Properties Inc.

The market was about flat last week, rising only 3 points. Last weekâ??s top five stocks that reached their 52-week lows were Cadbury PLC, Cameco Corp, McDermott International Inc, Allegheny Energy Inc, General Growth Properties Inc.

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McDermott picks insider to take CEO mantle

Next month Bruce Wilkinson will retire from McDermott International, and John Fees, a longtime veteran of the Houston-based, will succeed him as president and CEO.

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John Fees named CEO of McDermott International

McDermott International Inc. has named John Fees as president and chief executive officer and appointed him to the company’s board. (MDR)

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McDermott names new chairman, chief executive officer

NEW YORK (MarketWatch) -- McDermott International Inc. on Friday named John Fees as president and chief executive officer, effective Oct. 1, succeeding Bruce Wilkinson, who will retire as chairman and CEO on Sept. 30. The Houston-based engineering and construction company said that Ronald Cambre will become non-executive chairman on Oct. 1. Market Pulse Stories are Rapid-fire, short news bursts on...

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John Fees Named Chief Executive Officer of McDermott

HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company

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Nesser named COO of J. Ray McDermott

McDermott International Inc. has appointed John T. Nesser III as executive vice president and chief operating officer of its J. Ray McDermott SA subsidiary. (MDR)

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John T. Nesser, III Named Chief Operating Officer of J. Ray McDermott

HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company

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McDermott profit rises 19% on strong demand

Engineering and construction company McDermott International Inc. posts a higher second-quarter profit, lifted by better earnings in the power industry and continued strong demand in the offshore oil and gas sector.

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Energy spending boosts Fluor, McDermott profits

NEW YORK (Reuters) - The global boom in spending by oil producers and power generators pumped up profits at engineering and construction groups Fluor Corp and McDermott International Inc .

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Energy spending boosts Fluor, McDermott profits

NEW YORK (Reuters) - The global boom in spending by oil producers and power generators pumped up profits at engineering and construction groups Fluor Corp and McDermott International Inc .

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McDermott posts 19% jump in profit

SAN FRANCISCO (MarketWatch) -- Engineering and construction company McDermott International reported late Monday second-quarter net income rose to $177.5 million, or 77 cents a share, from $149.4 million, or 66 cents, a year ago. Operating revenue, which excludes one-time items, rose 27% to $231.1 million from $181.8 million. Revenue for the quarter rose 26% to $1.79 billion. Analysts polled by Factset...

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McDermott second-quarter earnings rise

HOUSTON (Reuters) - U.S. engineering and construction company McDermott International Inc said on Monday its second-quarter net income rose 19 percent, helped by higher profits in its offshore oil and gas and power generation businesses.