USEC Inc. (NYSE: USU) and The Babcock & Wilcox Company (B&W) (NYSE: BWC) today named Craig S. Hansen as president of American Centrifuge Manufacturing, LLC. USEC an...
USEC Inc. (NYSE: USU) today released key findings from a study conducted by NERA Economic Consulting of the enrichment market and the positive effect of USECs American Centrifuge Plant. NERAs study concluded that without the American Centrifuge Plant, U.S. nuclear utilities will be dependent on foreign-owned sources of low enriched uranium, and [...]
USEC Inc. (NYSE:USU) made the following statement: In view of the unusual market activity in the Companys common stock, the New York Stock Exchange has contacted the Company in accordance with its usual practice. The company stated that its policy is not to comment on unusual market activity. USEC Inc., a global energy company, is a leading [...]
USEC Inc. (NYSE:USU) was notified yesterday by the New York Stock Exchange (NYSE) that the company has regained compliance with the NYSEs minimum share price standard for the continued listing of its stock. In May 2012, the NYSE notified the company that it was not in compliance with the NYSEs continued listing standard when the average closing [...]
USEC Inc. (NYSE:USU) today reported a net loss of $40.9 million or $8.35 per basic and diluted share for the quarter ended June 30, 2013, compared to a net loss of $92.0 million or $18.78 per basic and diluted share for the second quarter of 2012. For the six-month period ended June 30, 2013, the net loss reported was $42.9 million or $8.76 per [...]
USEC Inc. (NYSE:USU) will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Tuesday, August 6, 2013, at 8:30 a.m. ET. The Company will release its second quarter 2013 earnings report, which ended June 30, 2013, after the close of markets on Monday, August 5. The regularly scheduled [...]
The research, development and demonstration (RD&D) program to advance USEC Inc.’s (NYSE:USU) American Centrifuge, America’s next generation of uranium enrichment technology, continues to make solid progress in completing program milestones. Five of the program’s nine milestones have been comp...
USEC Inc. (NYSE:USU) made the following statement: On Friday the New York Stock Exchange contacted USEC regarding unusual market activity in the Companys common stock and USEC issued a news release. In view of the unusual market activity in the companys stock today, the Exchange has contacted the company in accordance with its usual practice. The [...]
USEC Inc. (NYSE:USU) made the following statement: In view of the unusual market activity in the companys stock, the New York Stock Exchange has contacted the company in accordance with its usual practice. The company stated that its policy is not to comment on unusual market activity. USEC Inc., a global energy company, is a leading supplier of [...]
USEC today announced that its stockholders have approved an amendment to its Certificate of Incorporation to implement a reverse stock split. Following the stockholder vote, USEC’s Board of Directors determined that a 1-for-25 reverse stock split will be made effective on Monday, July 1, 2013. USEC’s common stock will begin trading on the New York [...]
USEC today held its annual meeting of stockholders and reported on the American Centrifuge research, development and demonstration (RD&D) program being conducted at facilities in Ohio and Tennessee. Stockholders voted by approximately 80 percent to approve a reverse stock split. Details regarding the reverse stock split can be found in a separate [...]
USEC Inc. announced today that the Megatons to Megawatts program has completed downblending of 475 metric tons of weapons-grade uranium into fuel for commercial nuclear power plants and is on schedule to complete the program in 2013. Megatons to Megawatts is a 20-year, commercially financed government-industry partnership in which 500 metric tons [...]