McDermott International, Inc. http://www.alacrastore.com/company-snapshot/McDermott_International_Inc-1010716 Tuesday, October 14, 2008 6:10:08 AM 1010716 McDermott International, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/T1986894ccbn/T1986894norm...We've got McDermott, Mike Taff -- he's the CFO. Also in the audience we've got Jay Roueche and Robby Bellamy, Investor Relations with McDermott. McDermott really touches a couple of different facets of energy infrastructure from commercial nuclear and coal-fired power generation, to oil and gas projects around the world. They've got some unique business units, particularly on the nuclear and coal side, compared to other E&C companies. ... 10/7/2008 11:31:34 AMMcDermott International Inc.106.0000FinalMcDermott International Inc. at Johnson & Rice Energy Infrastructure Conference TranscriptMDR11:15am CTTranscriptT1986894Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1937073ccbn/T1937073norm... - Lehman Brothers - AnalystThanks for being here. My name is Andy Kaplowitz. I am the E&C analysts. We have one E&C Company presenting today, McDermott. Very happy to have you guys. I can't think of a better Company to have right now. Very attractive valuation. I still think very strong end markets out there. Today we have Bruce Wilkinson, who is going to be presenting. He is the outgoing CEO and Chairman of the Board. We also have John Fees. He is going to be the CEO, President and CEO of the Company. With us too is Mike Taff, the CFO, and Jay Roueche, the Vice President Investor Relations. Bruce. Thanks. ... 9/2/2008 5:06:31 PMMcDermott International Inc.106.0000FinalMcDermott International Inc. at Lehman Brothers CEO Energy Conference TranscriptMDR12:20pm ETTranscriptT1937073Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/bir/305564bir/305564normMcDermott International Inc.J. Ray McDermottUnited StatesManufacturing: Steel fabricating and precision machined products: boilers, computer integrated manufacturing systems and power generators.3443332313217ILMDR8/26/2008 6:21:42 AM305564Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/ccbn/B1903574ccbn/B1903574norm...#Q## set all time record in terms of consolidated net income, operating income, and revenues for a quarter. ... 8/12/2008 12:05:00 PMMcDermott International Inc.54.0000EditedMcDermott International Inc. Q2 2008 Earnings Conference Call SummaryMDR10:00am ETBriefB1903574Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1903574ccbn/T1903574norm...Ladies and gentlemen, thank you for standing by. And welcome to the McDermott International second quarter #### earnings conference call. At this time, all participants are in listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. I would now like the turn the conference over to our host, Mr. Jay Roueche, McDermott International Director of Investor Relations.... 8/12/2008 12:05:00 PMMcDermott International Inc.54.0000FinalMcDermott International Inc. Q2 2008 Earnings Conference Call TranscriptMDR10:00am ETTranscriptT1903574Credit & Investment ResearchThomson StreetEventsUS - Babcock & Wilcox Co (B&W), a unit of McDermott International Inc's subsidiary McDermott Inc, acquired Intech Inc, a manufacturer of indstrial electrical equipment. Terms were not disclosed.7/18/2008 3:06:55 PM056147458095580037458095Babcock & Wilcox CoIntech IncMcDermott International IncIntech Inchttp://www.alacrastore.com/storecontent/Thomson_M%26A/Babcock_Wilcox_Co_acquires_Intech_Inc-1996564020sdc/19965640201996564020Copyright © 2008, Thomson Financial, All Rights ReservedElectric, Gas, and Water DistributionUnited StatesElectric services4911VAVirginiaSubsidiary4911:Electric services1629:Heavy construction, nec3443:Fabricated plate work (boiler shops)4911:Electric services5074:Plumbing & heating equipment & supplies(hydronics)6719:Offices of holding companies, nec8711:Engineering servicesOTCElectronic and Electrical EquipmentUnited StatesElectrical industrial apparatus, nec3629TNTennesseePublic7274002Pvd marine engineering serviceMnfr inds elec equipUnspecifiedAssets65373001Jul 18 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.00000The Babcock & Wilcox Co,located in Lynchburg,Virginia, provides electricutility and power generationservices, with a specialty innuclear and fossil power. Theyare focused on addressingissues such as energyefficiency, clean air, globalmarket competitiveness, andsafe and secure resolution fornuclear waste. The company wasfounded in 1867.The Babcock & Wilcox Co, located in Lynchburg, Virginia,provides electric utility and power generation services,with a specialty in nuclear and fossil power. They arefocused on addressing issues such as energy efficiency,clean air, global market competitiveness, and safe andsecure resolution for nuclear waste. The company was foundedin 1867.The Babcock & Wilcox Co, located in Lynchburg, Virginia, provides electric utility and power generation services, with a specialty in nuclear and fossil power. They are focused on addressing issues such as energy efficiency, clean air, global market competitiveness, and safe and secure resolution for nuclear waste. The company was founded in 1867.1.000002.000003.000004.00000Intech Inc, located inChattanooga, Tennessee,manufactures industrialelectrical equipment.Intech Inc, located in Chattanooga, Tennessee, manufacturesindustrial electrical equipment.Intech Inc, located in Chattanooga, Tennessee, manufactures industrial electrical equipment.0.000000.000000.000000.00000N15 Jul 08Tue, 15 Jul 2008 00:00:00 ESTDate Announced: 07/15/200815 Jul 08Date Effective: 07/15/200815 Jul 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000US - Babcock & Wilcox Co(B&W), a unit of McDermottInternational Inc's subsidiaryMcDermott Inc, acquired IntechInc, a manufacturer ofindstrial electricalequipment. Terms were notdisclosed.US - Babcock & Wilcox Co (B&W), a unit of McDermott International Inc's subsidiary McDermott Inc, acquired Intech Inc, a manufacturer of indstrial electrical equipment. Terms were not disclosed.US - Babcock & Wilcox Co (B&W), a unit of McDermott International Inc's subsidiaryMcDermott Inc, acquired Intech Inc, a manufacturer of indstrial electrical equipment.Terms were not disclosed.US - Babcock & Wilcox Co (B&W), a unit of McDermott International Inc's subsidiary McDermott Inc, acquired Intech Inc, a manufacturer of indstrial electrical equipment. Terms were not disclosed.US - Babcock & Wilcox Co (B&W), a unit of McDermott International Inc's subsidiary McDermott Inc, acquired Intech Inc, a manufacturer ofindstrial electrical equipment. Terms were not disclosed.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000003629:Electrical industrial apparatus, nec3699:Electric equipment, nec3829:Measuring&controlling devices3826001New YorkUnited States8711TexasPublicMDR3629:Electrical industrial apparatus, nec3699:Electric equipment, nec3829:Measuring&controlling devices65373001OTCUnited States3629TennesseePublic0.000000.000000.000000.00000Deal InformationTF Mergers & AcquisitionsUS - The Babcock & Wilcox Co, a unit of McDermott International Inc's McDermott Inc subsidiary, acquired Delta Power Services LLC, a provider of electric utility services, from Olympus Services LLC. Terms were not disclosed.7/16/2008 1:12:54 PM05614724572E58003768165RBabcock & Wilcox CoDelta Power Services LLCMcDermott International IncOlympus Services LLChttp://www.alacrastore.com/storecontent/Thomson_M%26A/Babcock_Wilcox_Co_acquires_Delta_Power_Svcs_LLC_from_Olympus_Services_LLC-1995953020sdc/19959530201995953020Copyright © 2008, Thomson Financial, All Rights ReservedElectric, Gas, and Water DistributionUnited StatesElectric services4911VAVirginiaSubsidiary4911:Electric services1629:Heavy construction, nec3443:Fabricated plate work (boiler shops)4911:Electric services5074:Plumbing & heating equipment & supplies(hydronics)6719:Offices of holding companies, nec8711:Engineering servicesElectric, Gas, and Water DistributionUnited StatesElectric services4911TXTexasSubsidiary7274002Pvd marine engineering serviceDvlp softwareUnspecifiedAssets1028911001Jul 16 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.00000The Babcock & Wilcox Co,located in Lynchburg,Virginia, provides electricutility and power generationservices, with a specialty innuclear and fossil power. Theyare focused on addressingissues such as energyefficiency, clean air, globalmarket competitiveness, andsafe and secure resolution fornuclear waste. The company wasfounded in 1867.The Babcock & Wilcox Co, located in Lynchburg, Virginia,provides electric utility and power generation services,with a specialty in nuclear and fossil power. They arefocused on addressing issues such as energy efficiency,clean air, global market competitiveness, and safe andsecure resolution for nuclear waste. The company was foundedin 1867.The Babcock & Wilcox Co, located in Lynchburg, Virginia, provides electric utility and power generation services, with a specialty in nuclear and fossil power. They are focused on addressing issues such as energy efficiency, clean air, global market competitiveness, and safe and secure resolution for nuclear waste. The company was founded in 1867.1.000002.000003.000004.000005.000006.000007.00000Delta Power Services LLC,located in Houston, Texas,provides electric utilityservices and other forms ofpower generation, such as gas,biomass and coal-fired powergeneration.Delta Power Services LLC, located in Houston, Texas,provides electric utility services and other forms of powergeneration, such as gas, biomass and coal-fired powergeneration.Delta Power Services LLC, located in Houston, Texas, provides electric utility services and other forms of power generation, such as gas, biomass and coal-fired power generation.0.000000.000000.000000.00000N15 Jul 08Tue, 15 Jul 2008 00:00:00 ESTDate Announced: 07/15/200815 Jul 08Date Effective: 07/15/200815 Jul 08Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000US - The Babcock & Wilcox Co,a unit of McDermottInternational Inc's McDermottInc subsidiary, acquired DeltaPower Services LLC, a providerof electric utility services,from Olympus Services LLC.Terms were not disclosed.US - The Babcock & Wilcox Co, a unit of McDermott International Inc's McDermott Inc subsidiary, acquired Delta Power Services LLC, a provider of electric utility services, from Olympus Services LLC. Terms were not disclosed.US - The Babcock & Wilcox Co, a unit of McDermott International Inc's McDermott Incsubsidiary, acquired Delta Power Services LLC, a provider of electric utility services,from Olympus Services LLC. Terms were not disclosed.US - The Babcock & Wilcox Co, a unit of McDermott International Inc's McDermott Inc subsidiary, acquired Delta Power Services LLC, a provider of electric utility services, from Olympus Services LLC.Terms were not disclosed.US - The Babcock & Wilcox Co, a unit of McDermott International Inc's McDermott Inc subsidiary, acquired Delta Power Services LLC, aprovider of electric utility services, from Olympus Services LLC. Terms were not disclosed.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000004911:Electric services3826001New YorkUnited States8711TexasPublicMDR7372:Prepackaged Software679589001United States7372MichiganPrivate0.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/moodys/PR_158838_808894240moodys/PR_158838_808894240htmlGlobal Credit Research Rating Action ## JUL #### Rating Action: Babcock & Wilcox Power Generation Gr, Inc. Moody's Upgrades McDermott's Ratings Approximately $#.# Billion of Bank Lines Affected. New York, July ##, #### -- Moody's Investors...7/16/2008 12:39:41 AMhtmlBabcock & Wilcox Power Generation Gr, Inc.J. Ray McDermott, S.A.McDermott International Inc.Babcock & Wilcox Power Generation Gr, Inc.; J. Ray McDermott, S.A.; McDermott International Inc.808894240600016717476000150.0000NewsRating ActionPR_158838_808894240Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/655881spcred/655881normThe latest Summary from S&Pglobal6/24/2008 6:28:24 PM175Summary655881United StatesIndustrial ConglomeratesUnited StatesGlobal IssuersCorporationsCapital GoodsEnergySummaryThe rating on Houston-based McDermott International Inc. (McDermott) reflects a consolidated rating methodology for McDermott and its subsidiaries. McDermott's business risk profile is considered weak. The more stable businesses at Babcock&Wilcox Co. (The) (B&W) and BWX Technologies Inc. (BWXT) partially offset the highly cyclical and competitive marine construction business at McDermott (J. Ray) S.A. (J. Ray). B&W primarily constructs boilers and environmental equipment for coal-fired power plants. BWXT provides nuclear components for the U.S. government and manages several sites for the U.S. Department of Energy. Standard&Poor's Ratings Services' overall assessment of McDermott's business risk reflects a blend of the individual business risks of McDermott's three operating subsidiaries. J. Ray's cash flows are highly cyclical and dependUSA58003720105010 201050 2010 20McDermott International Inc.106097USAMDRSUMMARYUSA05614M46628N58004310101020 101010 1010 1020106020 201060 2010 20McDermott (J. Ray) S.A.Babcock&Wilcox Co. (The)301513395442USAJRM24129ZGLOBISSCORPCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/655869spcred/655869normThe latest Full Report from S&Pglobal6/24/2008 3:28:25 PM400Full Report655869United StatesIndustrial ConglomeratesUnited StatesGlobal IssuersCorporationsAerospace & DefenseCapital GoodsEnergyFull ReportStable cash flow generation at the BWX Technologies and Babcock&Wilcox subsidiaries; J. Ray McDermott's (J. Ray's) much-improved operating performance; Impressive backlog at all three subsidiaries; and Low debt levels. J. Ray is subject to the high cyclicality of the marine construction services industry; Management's ability to successfully navigate J. Ray through the next downturn remains unproven; and High working capital swings and letter of credit requirements can negatively weigh on liquidity. The rating on Houston-based McDermott International Inc. (McDermott) reflects a consolidated rating methodology for McDermott and its subsidiaries. McDermott's business risk profile is considered weak. The more stable businesses at Babcock&Wilcox Co. (The) (B&W) and BWX Technologies Inc. (BWXT) partially offset the highly cyclical andUSA58003720105010 201050 2010 20McDermott International Inc.106097USAMDRFULLUSA05614M46628N58003358003Q58004310101020 101010 1010 1020103010 201030 2010 2020106020 201060 2010 20McDermott (J. Ray) S.A.Babcock&Wilcox Co. (The)McDermott Inc.301513395442101458USAJRM24129ZMDR1GLOBISSCORPAerospaceCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_157225_808894240moodys/PR_157225_808894240htmlGlobal Credit Research Rating Action ## JUN #### Rating Action: Babcock & Wilcox Power Generation Gr, Inc. Moody's Reviews McDermott for Upgrade Approximately $#.# billion of bank lines affected New York, June ##, #### -- Moody's Investors...6/13/2008 12:26:26 AMhtmlBabcock & Wilcox Power Generation Gr, Inc.J. Ray McDermott, S.A.McDermott International Inc.Babcock & Wilcox Power Generation Gr, Inc.; J. Ray McDermott, S.A.; McDermott International Inc.808894240600016717476000150.0000NewsRating ActionPR_157225_808894240Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/650645spcred/650645normThe latest News from S&Pglobal5/28/2008 12:54:01 PM100News650645United StatesIndustrial ConglomeratesUnited StatesGlobal IssuersCorporationsCapital GoodsEnergyNewsNEW YORK (Standard&Poor's) May 28, 2008--Standard&Poor's Ratings Services said today that it raised its corporate credit rating on engineering and construction company McDermott International Inc. (McDermott) and its subsidiaries J. Ray McDermott S.A. (J. Ray) and The Babcock&Wilcox Companies (B&W) to 'BB+' from 'BB'. The outlook is positive. At the same time, we affirmed the '1' recovery rating on B&W's $400 million senior secured credit facilities, indicating our expectation for very high (90% to 100%) recovery in the event of a payment default. We also affirmed the '3' recovery rating on J. Ray's $800 million senior secured credit facilities, indicating our expectation for meaningful (50% to 70%) recovery in the event of a paymentUSA58003720105010 201050 2010 20McDermott International Inc.106097USAMDRNEWSUSA05614M46628N58004310101020 101010 1010 1020106020 201060 2010 20McDermott (J. Ray) S.A.Babcock&Wilcox Co. (The)301513395442USAJRM24129ZGLOBISSCORPCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/650646spcred/650646normThe latest Research Update from S&Pglobal5/28/2008 12:54:01 PM175Research Update650646United StatesIndustrial ConglomeratesUnited StatesGlobal IssuersCorporationsAerospace & DefenseCapital GoodsEnergyResearch UpdateOn May 28, 2008, Standard&Poor's Ratings Services raised its corporate credit rating on engineering and construction company McDermott International Inc. (McDermott) and its subsidiaries J. Ray McDermott S.A. (J. Ray) and The Babcock&Wilcox Companies (B&W) to 'BB+' from 'BB'. The outlook is positive. At the same time, we affirmed the '1' recovery rating on B&W's $400 million senior secured credit facilities, indicating our expectation for very high (90% to 100%) recovery in the event of a payment default. We also affirmed the '3' recovery rating on J. Ray's $800 million senior secured credit facilities, indicating our expectation for meaningful (50% to 70%) recovery in the event of a payment default. We raised the issue rating onUSA58003720105010 201050 2010 20McDermott International Inc.106097USAMDRRESUPDUSA05614M46628N58003358003Q58004310101020 101010 1010 1020103010 201030 2010 2020106020 201060 2010 20McDermott Inc.McDermott (J. Ray) S.A.Babcock&Wilcox Co. (The)101458301513395442USAMDR1JRM24129ZGLOBISSCORPAerospaceCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1820397ccbn/B1820397norm...Actual results came in at the high-end of pre-announced range, with net income of $###.#m or $#.## per diluted share vs. $###.#m or $#.## per share in #Q##. ... 5/13/2008 3:06:00 PMMcDermott International Inc.54.0000EditedQ1 2008 McDermott International Inc. Earnings Conference Call SummaryMDR10:00am ETBriefB1820397Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1820397ccbn/T1820397norm...Ladies and gentlemen, thank you for standing by. And welcome to McDermott International's first quarter #### earnings conference call. At this time, all participants are in a listen only mode. Later in the call, we will conduct a question and answer session and instructions will be given at that time. I would now like to turn the conference over to your host, Mr. Jay Roueche, McDermott's Vice President of Investor Relations. Please go ahead. ... 5/13/2008 12:06:00 PMMcDermott International Inc.54.0000FinalQ1 2008 McDermott International Inc. Earnings Conference Call TranscriptMDR10:00am ETTranscriptT1820397Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/B1745141ccbn/B1745141norm...#Q## included numerous items, which were outside normal operations that in total significantly benefited that qtr. ... 2/28/2008 4:10:00 PMMcDermott International Inc.54.0000EditedQ4 2007 McDermott International Inc. Earnings Conference Call SummaryMDR10:00am ETBriefB1745141Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1745141ccbn/T1745141norm...Ladies and gentlemen, thank you for standing by, and welcome to McDermott International's fourth quarter #### earnings conference call. At this time, all participants are in a listen-only mode. Later in the call we will conduct a question-and-answer session and instructions will be given at that time. I would now like to turn the conference over to our host, Mr. Jay Roueche, McDermott's Vice President of Investor Relations. ... 2/28/2008 12:07:00 PMMcDermott International Inc.54.0000FinalQ4 2007 McDermott International Inc. Earnings Conference Call TranscriptMDR10:00am ETTranscriptT1745141Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/spcred/627114spcred/627114normThe latest Summary from S&P1/23/2008 1:22:04 PMSummary175global627114United StatesIndustrial ConglomeratesUnited StatesGlobal IssuersCorporationsCapital GoodsEnergySummaryThe rating on Houston-based McDermott International Inc. (McDermott) reflects a consolidated rating methodology for McDermott and its subsidiaries. McDermott's business risk profile is considered weak. The highly cyclical and competitive marine construction business at McDermott (J. Ray) S.A. is partially offset by the more stable businesses at The Babcock&Wilcox Co. (B&W) and BWXT Technologies Inc. (BWXT). B&W primarily constructs boilers and environmental equipment for coal-fired power plants. BWXT provides nuclear components for the U.S. government and manages several sites for the U.S. Department of Energy. With only limited debt outstanding, McDermott's credit measures are strong for the rating. Some degree of cushion exists if the company increases debt to finance any future acquisitions. Standard&Poor's Ratings Services'USA58003720105010 201050 2010 20McDermott International Inc.106097USAMDRSUMMARYUSA05614M58004346628N20106020 201060 2010 2010101020 101010 1010 10McDermott (J. Ray) S.A.Babcock&Wilcox Co. (The)395442301513USA24129ZJRMGLOBISSCORPCapitalEnergyCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/B1673871ccbn/B1673871norm11/8/2007 12:07:00 PMMcDermott International Inc.54.0000EditedQ3 2007 McDermott International Inc. Earnings Conference Call SummaryMDR9:00am ET...Earnings increase vs. last year primarily due to improved results at Offshore Oil & Gas Construction segment and increased profitability in Power Generation segment. ... BriefB1673871Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1673871ccbn/T1673871norm11/8/2007 11:05:00 AMMcDermott International Inc.54.0000FinalQ3 2007 McDermott International Inc. Earnings Conference Call TranscriptMDR9:00am ET...Good day, ladies and gentlemen. Thank you for standing by. Welcome to McDermott International's third quarter #### earnings conference call. At this time, all participants are in a listen only mode. Later in the call, we will conduct a question-and-answer session and instructions will be given at that time. I would now like to turn the conference over to your host, Mr. Jay Roueche, McDermott's Vice President of Investor Relations. Please go ahead. ... TranscriptT1673871Credit & Investment ResearchThomson StreetEvents