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Stock Market & Financial Investment News

News Breaks
November 19, 2012
18:10 EDTCCCCalgon Carbon authorizes $100M share repurchase program
Calgon Carbon Corporation announced that its board of directors has approved a share repurchase program for up to $100M of the company's outstanding stock. "The initiation of the stock repurchase program follows the completion of our 2013 profit plan. Reduced capital requirements, a lower cost structure resulting from our previously announced $20M cost improvement program, and better working capital management are expected to result in improved profitability and cash flow generation," the company said.
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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 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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