McDermott International Inc
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Energy : Energy Equipment & Services | Small Cap ValueCompany profile

McDermott International, Inc. is a provider of integrated engineering, procurement, construction and installation (EPCI), front-end engineering and design (FEED) and module fabrication services for upstream field developments across the world. The Company delivers fixed and floating production facilities, pipeline installations and subsea systems from concept to commissioning for offshore and subsea oil and gas projects. It operates through three segments: the Americas, Europe and Africa (AEA), the Middle East (MEA) and Asia (ASA). As of December 31, 2016, operated in approximately 20 countries across the Americas, Europe, Africa, the Middle East, Asia and Australia, its integrated resources include a diversified fleet of marine vessels, fabrication facilities and engineering offices. It support its activities with project management and procurement services, while utilizing its fully integrated capabilities in both shallow water and deepwater construction.

Closing Price
$7.60
Day's Change
-0.11 (-1.43%)
Bid
--
Ask
--
B/A Size
--
Day's High
7.75
Day's Low
7.49
Volume
(Light)
Volume:
3,105,586

10-day average volume:
4,341,917
3,105,586

UPDATE: Netflix is no longer allowing users pay through Apple's iTunes

9:45 am ET January 2, 2019 (MarketWatch)
Print

Netflix Inc. (NFLX) is no longer allowing users to pay for its streaming service through Apple Inc.'s iTunes service, according to an update of the FAQ, or frequently asked questions, on its site. "We no longer support iTunes as a method of payment for new members," the company says. "Existing members who currently use iTunes as a method of payment can continue to do so." Apple has a 15% charge on in-app subscriptions that it will now no longer receive, with Netflix instead pushing customers to its own website for billing and payments services. Netflix shares were down 3.5% premarket, but have gained 33% in the last 12 months, while the S&P 500 has fallen 7%. Apple shares (AAPL) were down 2%, with all 30 Dow components moving lower.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 02, 2019 09:45 ET (14:45 GMT)

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