Skip to main content
profileAnalyst coverage5 yr. financialspremium researchdividendsadv. chartsearningsoptionsprice history

McDermott International, Inc. News

McDermott International to File Under Chapter 11 of Bankruptcy Law

Engineering company McDermott International said it would file under Chapter 11 of the bankruptcy laws in an effort to eliminate more than $4.6 billion of debt via an equity swap.

Google, AT&T, Tiffany, Microsoft, General Motors - 5 Things You Must Know

U.S. stock futures rise Monday, getting a boost from signs of further progress in U.S.-China trade talks; Alphabet, AT&T, Walgreens and Beyond Meat report earnings; LVMH, the owner of Louis Vuitton, confirms that it approached Tiffany with an acquisition offer.

McDermott Hires Kirkland & Ellis for Balance-Sheet Revamp: Report

The company also hired Evercore to help sell Lummus, about which MDR received unsolicited inquiries.

California Resources Climbs After Dismissing Restructuring Report

California Resources rises after dismissing reports it was thinking of restructuring and had hired advisers.

McDermott Soars After Receiving Interest for Lummus Technology Unit

McDermott International skyrockets after the engineering and construction company says it has received unsolicited interest to acquire all or part of Lummus Technology, which has been valued at $2.5 billion.

Breaking News

The Good Times Are Over for Startups

Sequoia Capital and Y Combinator have told startups that cutting costs is a priority.

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.