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Stock Market & Financial Investment News

News Breaks
March 12, 2013
07:54 EDTCCC, MPC, ARJCalgon Carbon, Starboard Value reach agreement on board seats
Calgon Carbon Corporation announced it has reached an agreement with Starboard Value LP and its affiliates regarding the composition of the Board of Directors. Starboard beneficially owns approximately 9.2% of the outstanding shares of Calgon Carbonís common stock. Under the terms of the agreement, Calgon Carbon will nominate two new independent directors to the 2013 slate of nominees. Louis S. Massimo, former Executive Vice President and COO of Arch Chemicals (ARJ), and Donald C. Templin, Senior Vice President and CFO of Marathon Petroleum Corporation (MPC). Neither is employed by or affiliated with the company or with Starboard. The nominations will be included in the companyís 2013 proxy statement and submitted for stockholder approval at the company's 2013 Annual Meeting, which has been set for May 1.
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September 23, 2014
10:02 EDTMPCOn The Fly: Analyst Initiation Summary
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09:34 EDTCCCHyde Marine signs supply LOI with Edison Chouest Offshore
Hyde Marine, a wholly owned subsidiary of Calgon Carbon, has been selected as a strategic supply partner for ballast water treatment, or BWT, systems by Edison Chouest Offshore, or ECO, for use on ECOís extensive fleet of vessels. The chemical free Hyde GUARDIAN Gold BWT system, which has both International Maritime Organization, or IMO, Type Approval and United States Coast Guard Alternative Management System, or AMS, approval, uses efficient filtration and ultraviolet disinfection to treat ships' ballast water to prevent the spread of invasive species from port to port. Hyde Marine executed a Letter of Intent with ECO to guarantee the availability of BWT systems for compliance with regulations for ECOís growing fleet of more than 250 vessels. ECO has ordered more than 15 Hyde GUARDIAN systems to date with several already installed and in operation. Hyde Marine is also supplying a complete functional system for the crew training center at ECO headquarters in Cut Off, LA, to support regular training of crew and shipyard personnel on BWT system operation and installation requirements.
06:04 EDTMPCMarathon Petroleum initiated with an Overweight at JPMorgan
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September 16, 2014
09:45 EDTCCCCalgon Carbon unit signs MOU with Keppel Shipyard, SEAQUEST
Hyde Marine, a wholly owned subsidiary of Calgon Carbon Corporation, has established a Memorandum of Understanding with Singapore-based Keppel Shipyard and SEAQUEST Marine Systems PTE, Ltd., for installation of the chemical free Hyde GUARDIAN Gold Ballast Water Treatment System in international markets. Under the MOU, Keppel Shipyard will be able to carry out retrofit installations of Hyde GUARDIAN Gold BWTS at its Singapore shipyard. Such a partnership will position Hyde Marine for the anticipated increase in the Asian retrofit market after the maritime industry is required to comply with international ballast water treatment regulations.

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