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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 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.
September 15, 2014
09:59 EDTMPCOn The Fly: Analyst Downgrade Summary
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08:29 EDTMPCMarathon Petroleum downgraded to Sector Perform from Outperform at Howard Weil
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September 11, 2014
09:27 EDTCCCCalgon Carbon awarded 10-year contract for reactivation services by Palmdale
Calgon Carbon Corporation announced that the company and Palmdale Water District, have signed a 10-year contract under which Calgon Carbon will provide reactivation services to treat the Districtís drinking water. The value of the contract will depend upon the amount of spent carbon that is reactivated annually, which is expected to be 1 million pounds.

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