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Stock Market & Financial Investment News

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February 9, 2013
14:05 EDTCCJCameco sees Q1 adjusted net earnings significantly lower
Cameco expects adjusted net earnings for the first quarter of 2013 will be significantly lower than the $124M or 31c per share in 1Q12. Cameco does not believe that these factors will continue to have an impact on adjusted net earnings for subsequent quarters of 2013.
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August 27, 2014
09:14 EDTCCJCameco reports strike notice prompts shutdown of McArthur River, Key Lake
Cameco announced that, in response to receiving strike notice from the United Steelworkers Local 8914, the company initiated a shutdown of its McArthur River mine and Key Lake mill operations and will cease production at those sites. The union has advised Cameco of its intention to commence strike action, effective 12:01 a.m. on August 30. In response to the strike notice, Cameco issued a lockout notice effective 12:01 a.m. on August 30 to assure a safe and orderly shutdown of its facilities. Cameco is continuing to meet with the union during the 72-hour notice period. The work stoppage involves approximately 535 unionized employees at the two operations. Contract negotiations began in November 2013. The previous four-year contract expired December 31, 2013. In July, the company and union jointly applied for conciliation under the Canada Labour Code. A labour disruption is not expected to affect the company's 2014 uranium delivery commitments to customers. Cameco may draw on a variety of supply sources including primary production, and existing purchase commitments and inventories.
August 21, 2014
10:14 EDTCCJOn The Fly: Analyst Downgrade Summary
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08:02 EDTCCJCameco downgraded at Cowen
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06:17 EDTCCJCameco downgraded to Market Perform from Outperform at Cowen
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