The Uranium Industry after a tough 2011 has begun to rebound. According to numbers released by the World Nuclear Association there are 61 reactors that are presently under construction, and plans to build another 162. Long-term Uranium prices have finally shown signs of movement since the Fukushima disaster. The Paragon Report examines investing [...]
Agreement Uses U.S. Government Depleted Uranium to Produce Fuel to Support National Security Needs; Extends TVA Power Supply Contract with USEC; Preserves Kentucky Jobs
USEC Inc. (NYSE:USU) today announced that it has received a continued listing standards notice from the New York Stock Exchange (NYSE) because the price of its common stock has fallen below the NYSE′s minimum share price rule. The NYSE requires the average closing price ...
USEC Inc. (NYSE:USU) today announced that its American Centrifuge project for uranium enrichment has surpassed one million hours of machine run-time in its Lead Cascade test program. USEC has operated centrifuge machines at its American Centrifuge Demonstration Fac ...
Last year the Fukushima disaster in Japan started a downward spiral for companies in the Uranium Industry. Approximately one year later the industry looks to be finally recovering as the Global X Uranium ETF (URA) is up nearly 12 percent year-to-date. "Fukushima put a speed bump on the road to the nuclear renaissance," Ganpat Mani, president of [...]
Net loss of $28.8 million on revenue of $561.5 millionGross profit and gross profit margin improve over first quarter 2011RD&D program expense increases advanced technology expense to $36.8 millionCash flow provided by operations remains positive at $47.7 million
USEC Inc. (NYSE:USU) will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 2, 2012, at 8:30 a.m. ET. The Company will release its earnings for the first quarter of 2012, which ended March 31, 20 ...
USEC Inc. (NYSE: USU) today held its annual meeting of shareholders and reported on the challenges the Company faced in 2011 and the steps it is taking to address them in 2012 as it charts a course for the future. John K. Welch, USEC president and chief executive offi ...
USEC Inc. (NYSE:USU) today took initial steps in its previously announced process to change its organizational structure in order to better align its management team and workforce with the Company′s future business environment. Two senior vice presidents will leave the ...
