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Stock Market & Financial Investment News

News Breaks
November 20, 2012
17:17 EDTCCCCalgon Carbon announces $50M accelerated share repurchase program
Calgon Carbon Corporation announced that it has entered into an accelerated share repurchase, or ASR, agreement with Morgan Stanley to repurchase an aggregate $50M of the company's stock. The ASR is part of the company's share repurchase program that was announced yesterday and supersedes any previously announced share repurchase program. The ASR will be funded through the company's U.S. revolving credit facility. As of September 30, the company had approximately $118M available under its existing U.S. line of credit.
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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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