BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[McDermott International (MDR) soars on breakup announcement]]>http://www.bloggingstocks.com/2009/12/07/mcdermott-international-mdr-soars-on-breakup-announcement/http://www.bloggingstocks.com/2009/12/07/mcdermott-international-mdr-soars-on-breakup-announcement/http://www.bloggingstocks.com/2009/12/07/mcdermott-international-mdr-soars-on-breakup-announcement/#commentsFiled under: , , , ,

MDR logoMcDermott International (MDR - option chain) shares have risen over 10 percent in early trading on news that the company plans to split itself into two firms: The Babcock & Wilcox Co., and J. Ray McDermott. Current MDR shareholders will receive one share of each company when the transaction closes in 2010. B&W will manufacture nuclear components and other power generation systems. J. Ray will design, build and install offshore production facilities, pipelines and subsea systems. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on MDR.

MDR opened this morning at $22.40. So far today the stock has hit a low of $21.88 and a high of $23.05. As of 12:00, MDR is trading at $22.81 up $2.15 (10.4%). The chart for MDR looks bearish.

Continue reading McDermott International (MDR) soars on breakup announcement

McDermott International (MDR) soars on breakup announcement originally appeared on BloggingStocks on Mon, 07 Dec 2009 13:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>breakupinthenewsInvestors ObserverInvestorsObserverMcDermott InternationalMcdermottInternationalMDRoptionsMon, 07 Dec 2009 13:20:00 EST<![CDATA[Oil stock #1: McDermott International (MDR)]]>http://www.bloggingstocks.com/2009/06/27/oil-stock-1-mcdermott-international-mdr/http://www.bloggingstocks.com/2009/06/27/oil-stock-1-mcdermott-international-mdr/http://www.bloggingstocks.com/2009/06/27/oil-stock-1-mcdermott-international-mdr/#commentsFiled under: , ,

stocks to sell mcdermott international McDermott International (NYSE: MDR) is a global oil engineering and construction company that specializes in offshore oil and gas construction and power generation systems.

Although more diversified than pure oil plays, McDermott has benefited greatly from the increase in price in crude.

The speculation is that McDermott will be quite busy with construction projects, as drillers are more active with the higher prices.

Continue reading Oil stock #1: McDermott International (MDR)

Oil stock #1: McDermott International (MDR) originally appeared on BloggingStocks on Sat, 27 Jun 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>global oiljamie dlugoschmcdermott internationalMDRoil stocksOPECstocks to sellSat, 27 Jun 2009 11:00:00 EST<![CDATA[Sell these hot oil stocks for big profits now]]>http://www.bloggingstocks.com/2009/06/27/sell-these-hot-oil-stocks-for-big-profits-now/http://www.bloggingstocks.com/2009/06/27/sell-these-hot-oil-stocks-for-big-profits-now/http://www.bloggingstocks.com/2009/06/27/sell-these-hot-oil-stocks-for-big-profits-now/#commentsFiled under: , , , , , ,

oil stocks to sell You have to love OPEC. It's not uncommon for the barons of the giant cartel to voice their interest in seeing oil at such-and-such a price.

Recently, OPEC reiterated its desire to see oil prices at $80 per barrel. This, they claim, is the price needed to spur additional investment in crude projects. Apparently, anything less will result in oil sitting idle in the ground.

Continue reading Sell these hot oil stocks for big profits now

Sell these hot oil stocks for big profits now originally appeared on BloggingStocks on Sat, 27 Jun 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chesapeake energychkdiamond offshore drillingdofeaturedjamie dlugoschmcdermott internationalmdroil pricesoil stocksOPECstocks to sellsusuncor energyyanzhou coal miningyzcSat, 27 Jun 2009 09:00:00 EST