Mon, May 23, 7:48 AM, Zacks
McDermott International Upped to Strong Buy as Oil Rallies
On May 21, 2016, Zacks Investment Research upgraded McDermott International (MDR) to a Zacks Rank 1 (Strong Buy). Going by the Zacks model, companies holding a Zacks Rank 1 have strong chances of outperforming the broader market over the next few quarters.
Thu, May 19, 8:06 AM, Zacks
SeaDrill (SDRL) Inks Debt-to-Equity Exchange Agreement
Hamilton, Bermuda-based offshore drilling firm SeaDrill Limited (SDRL) has agreed to exchange around $55 million convertible senior notes with a total of 8.18 million new shares of its common stock.