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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.
News For CCC;MPC;ARJ From The Last 14 Days
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October 30, 2014
08:20 EDTMPCMarathon Petroleum and partners order study of future operations for Capline
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07:23 EDTMPCMarathon Petroleum offers to sell remaining MPLX Pipe Line stake to MPLX
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October 29, 2014
15:41 EDTMPCNotable companies reporting before tomorrow's open
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October 28, 2014
09:32 EDTCCCCalgon Carbon second drinking water treatment contract in South Korea
Calgon Carbon announced that it has been awarded a contract by Samsung C&T Corporation to supply 7.2M pounds of Filtrasorb granular activated carbon, or GAC, to the Dduk-Do Municipal Drinking Water, or Dduk-Do, Plant in Seoul City, South Korea. The value of the contract was not disclosed. The Dduk-Do Plant provides 198M gallons of potable water daily to approximately one million residents in 7 districts including SeongDong-Gu, Seoul metropolitan area, South Korea. The GAC will be installed in newly constructed carbon filters to remove taste and odor from the plantís source water. Delivery of the carbon is expected to begin in December and be completed in the 2Q15.

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