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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.
News For CCC From The Last 14 Days
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September 23, 2014
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 ECO’s 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 ECO’s 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.
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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