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McDermott International Inc., the Houston-based maker of pipelines for offshore oil fields, fell the most in 18 months after quarterly earnings missed analysts’ estimates and the company said it sees “near-term challenges.”
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Carmelo Anthony scored a game-high 36 points as the New York Knicks rallied to beat the Boston Celtics 85-78 in the opening game of their National Basketball Association playoff series.
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J.R. Smith of the New York Knicks has been named the National Basketball Association’s Sixth Man of the Year, the first player from the franchise to receive the award since John Starks in 1997.
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The New York Knicks are a tougher ticket than Brooklyn’s Nets as New York becomes a two-team National Basketball Association playoff city for the first time.
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Philadelphia 76ers coach Doug Collins has resigned after three seasons, the National Basketball Association team said on its Twitter feed.
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The Cleveland Cavaliers fired coach Byron Scott while the Philadelphia 76ers announced that Doug Collins resigned, less than 24 hours after both teams played their final games of the National Basketball Association season.
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The New York Knicks clinched a National Basketball Association division for the first time in 19 seasons with a 120-99 victory over the Washington Wizards that pushed their winning streak to 13 games.
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The New York Knicks waived 40-year- old forward Kurt Thomas as the National Basketball Association team deals with injuries to its front court.
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The Chicago Bulls put an end to a second lengthy winning streak in the National Basketball Association in two weeks as they handed the New York Knicks their first defeat in 14 games.
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The New York Knicks, poised to capture their first division title since 1994, are working toward the bigger milestone of the club’s first National Basketball Association championship in 40 years.
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