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What Happens to McDermott Stock?
Following McDermott’s delisting from the New York Stock Exchange earlier this year, McDermott confirmed that its shares would continue to trade in the immediate term in the over the counter marketplace. In a statement at the time, however, the company warned that they were proposed to be cancelled as part of McDermott’s restructuring.
This article was originally posted on February 11. Read the full article
7/ Schlumberger Job Cuts to Top 21,000
In July, Bloomberg reported that Schlumberger had posted its weakest sales in 14 years and that the company was cutting one-fifth of its workforce. It was revealed that more than 21,000 workers were being let go. ....

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