The Houston-based offshore oil and gas contractor McDermott International (NYSE:MDR) was trading downward on high volume throughout Tuesday’s session after the late release of its earnings statement the day previous prompted a massive sell-off of the company’s shares. McDermott International (NYSE:MDR) stock opened at $7.61 in last session, and closed at $7.44, while the day range of McDermott International (NYSE:MDR) stock is $7.25 – $7.62. The stock showed a positive weekly performance of -12.37%.
The RadioShack Corporation (NYSE:RSH) has announced that it plans to close as many as 1,100 of its lower performing stores, which are almost 20% of its 5,200 US locations including 900 franchise stores. RadioShack Corporation (NYSE:RSH) stock opened at $2.27 in last session, and closed at $2.25 by losing -17.28%. The 52 week range of $2.02 – $4.36. Company’s market capitalization is $227.25 million.
Thomson Reuters/Verus upgraded shares of Forest Oil (NYSE:FST) from a hold rating to a buy rating in a report released on Monday, American Banking and Market News reports. Forest Oil Corporation (NYSE:FST) stock decreased -6.74% and finished the last session at $1.80. The EPS of the stock remained -2.76. Company’s market capitalization is $209.24 million.
Liberty Global (NASDAQ:LBTYA) was upgraded by research analysts at The Street from a “hold” rating to a “buy” rating in a report released on Friday, Stock Ratings Network reports. The analysts wrote, “Liberty Global (LBTYA) has been upgraded by The Street Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) stock opened the session at $44.15, and closed the session at $43.32. The 52 week range of the Liberty Global plc – Class A Ordinary Shares (NASDAQ:LBTYA) stock remained $42.85 – $90.93 and the day range was $42.85 – $44.15.