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McDermott Misses
By: MarketMinute.com Stock News
Posted on March 01, 2013 at 11:39 AM EST

McDermott International Inc. (NYSE: MDR) reported higher fourth quarter earnings of 17 cents per diluted share compared with 4 cents per diluted share a year earlier but the results missed estimates sending the stock price tumbling $1.77 to $10.95.



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