|February 9, 2013|
|14:05 EDT||CCJ||Cameco 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.
News For CCJ From The Last 14 Days
|April 22, 2015|
|12:11 EDT||CCJ||Cameco May weekly volatility increases into Q1 and outlook |
Cameco May weekly call option implied volatility is at 45, May is at 35, June and September is at 35; compared to its 26-week average of 37 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 29.
|April 15, 2015|
|11:00 EDT||CCJ||Cameco announces contract to provide uranium to India |
Cameco announced that the company has signed a supply agreement with the Department of Atomic Energy of India to provide 7.1M pounds of uranium concentrate under a long-term contract through 2020. The contract is Cameco Inc.'s first with India, which is the world's second fastest growing market for nuclear fuel, the company noted. "This contract opens the door to a dynamic and expanding uranium market. Much of the long-term growth we see coming in our industry will happen in India and this emerging market is key to our strategy," said Tim Gitzel, Cameco president and CEO.
|06:52 EDT||CCJ||Japanese judge blocks relaunch of nuclear plants, NY Times says|
A Japanese judge yesterday blocked the country's government from restarting two nuclear power plants, according to The New York Times. None of Japan's 48 reactors has been operating since the Fukushima disaster, and the judge's decision is potentially significant because it directly challenges the government's new nuclear safety standards, the newspaper stated, adding that the two affected reactors may not reopen for months or even years. Cameco (CCJ) develops uranium used by nuclear plants. Solar energy companies whose products may be used to supplement nuclear power in Japan include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
|April 13, 2015|
|10:00 EDT||CCJ||On The Fly: Analyst Upgrade Summary|
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|07:25 EDT||CCJ||Cameco upgraded at BofA/Merrill|
As previously reported, BofA/Merrill upgraded Cameco to Buy from Neutral. The firm upgraded Cameco citing a lower cost structure in the Canadian operations due to U.S. dollar strength and a strong long-term contract portfolio. Price target is $18.
|07:06 EDT||CCJ||Cameco upgraded to Buy from Neutral at BofA/Merrill|