McDermott's shares could rise 35 pct next year on turnaround plans - Barron's
May 25, 2015 at 00:15 AM EDT
May 25 (Reuters) - McDermott International's shares are likely to rise more than 35 percent in the next year as it sheds more of its money-losing deals and starts to profit from newer ones serving operators closer to shore, Barron's reported, citing an estimate by hedge fund Royal Capital Management.