Calyon Securities Downgrades McDermott Int'l (MDR) to Add
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Calyon Securities downgrades McDermott Int'l (NYSE: MDR) from Buy to Add. Price target $71.
McDermott International, Inc. is an engineering and construction company with specialty manufacturing and service capabilities and is the parent company of the McDermott group of companies, including J. Ray McDermott, S.A. (JRMSA) and The Babcock & Wilcox Company (B&W).
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