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Market Watch (Free subscription) | 08/15/2008
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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Business Wire (Free subscription) | 08/15/2008
HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company
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Business Wire (Free subscription) | 08/14/2008
HOUSTON--(BUSINESS WIRE)--McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company
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Market Watch (Free subscription) | 08/12/2008
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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Market Watch (Free subscription) | 08/11/2008
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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Reuters (Free subscription) | 08/11/2008
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.