MINYANVILLE ORIGINAL Celgene (CELG) surged 5.82% on high hopes for its product to treat pancreatic cancer. Sadly too late for Steve Jobs, whose Apple Inc. (AAPL) - now down for seven straight weeks - slipped another 0.77%. There …
What’s the fastest way to knock 12% off your company’s stock value? The answer : Announce a secondary fundraising offering. That’s what Molycorp (NYSE:MCP) achieved on Friday, when it confirmed it would be hitting up the market for …
Molycorp Inc. (MCP) announced the pricing of its public offering of $360 million aggregate principal amount (or up to an aggregate of $414 million aggregate principal amount if the underwriters of such offering exercise their over-allotment …
Shares of Molycorp (NYSE: MCP) are under heavy pressure early Tuesday after one of the biggest bulls covering the company downgraded the stock. JP Morgan's Michael Gambardella, who has had an Overweight rating on the stock
TORONTO (miningweekly.com) – US rare earths producer Molycorp’s NYSE-listed stock fell by as much as 21% after the ... Journal reported that analysts expected the company to file for bankruptcy protection before the end of the month.
Shares of rare earth miners were boosted by a narrower fourth-quarter loss and positive comments from Molycorp Inc. Monday. The company’s net loss shrank to $194.3 million, or $0.95 a share, for the fourth quarter of 2013, from $359.6 …
Shares of common stock of former Molycorp, Inc. are no longer available for trading on a public exchange. Previous shares of common stock have been canceled with no distribution to the holders. With its strengthened capital structure, Neo …
“Shares of Van Eck Global’s new Market Vectors Rare Earth/Strategic Metals ETF (NYSE ... the rare earths sector when Molycorp Inc. (NYSE:MCP) saw its share fall 8.2% to $12.85 in its first day of tradingon the New York Stock
TORONTO (miningweekly.com) – US rare earths producer Molycorp’s NYSE-listed stock fell by as much as 21% after the embattled company announced that it would miss a $32.5-million twice-yearly interest payment owed on Monday on its …
China, which controls approximately 80.0 percent of the world’s supply of rare earths, is looking to reduce its rare earths export quotas. Last week, China's Commerce Ministry announced that rare earth producers will be allowed to export …