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
Day's Change
-0.11 (-1.43%)
B/A Size
Day's High
Day's Low

10-day average volume:

Amazon's stock extends rally into bull-market territory as market cap tops $800 billion

1:00 pm ET January 8, 2019 (MarketWatch)

Shares of Inc. (AMZN) surged 1.2% in afternoon trade Tuesday, to lift its market-capitalization back above the $800 million mark for the first time in nearly a month, a day after the e-commerce and cloud giant ended its 10-week old bear market. The stock closed Monday at $1,629.51, or 21.2% above its Dec. 24 closing low of $1,343.96. Many on Wall Street define a bull-market as a rise of 20% or more off a bear-market bottom. The stock had entered a bear market on Oct. 29, when it closed 24.5% below its Sept. 4 record close of $2,039.51. The stock went on to fall as much as 34.1% through Dec. 24 before beginning its recovery. Separately, Amazon extended its lead as the most valuable company by market cap, as second-place Microsoft Corp.'s shares (MSFT) edged up 0.3%, putting its market cap at $785.6 billion. Amazon's market cap rose to $806.6 billion, heading toward the first close above $800 billion since Dec. 13. Amazon's stock has still lost 11.5% over the past three months, while the Nasdaq Composite has shed 11.4% and the S&P 500 has given up 11.3%.

-Tomi Kilgore; 415-439-6400;

(END) Dow Jones Newswires

January 08, 2019 13:00 ET (18:00 GMT)

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