Tag Archives: Babcock and Wilcox

Can McDermott(MDR) Spinoff Babcock & Wilcox Generate Power For Your Portfolio?

Image via Wikipedia By the time United Technologies(UTX) offered to purchase Babcock & Wilcox for $42 per share in March 1977, the company’s storied history already extended over a century.  Founded to manufacture and sell the water tube boiler invented by Stephen Wilcox, the company’s products powered the first New York City Subway, Teddy Roosevelt’s Great White Fleet and the… Read More »