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Stock Market & Financial Investment News

News Breaks
March 31, 2014
05:35 EDTCCJCameco ends toll-conversion agreement with Springfields Fuels
Cameco announced that it will end its toll-conversion agreement with Springfields Fuels, or SFL, effective December 31. In 2005, Cameco signed a 10-year toll-conversion agreement to process up to 5 million kilograms of uranium annually at the Springfields conversion facility in Lancashire, United Kingdom. The Springfields facility receives uranium trioxide, or UO3, from Cameco's Blind River uranium refinery and converts it to uranium hexafluoride, or UF6, which is required to produce fuel for light water reactors. Cameco delivers the UF6 to its own customers around the world. The toll-conversion agreement was set to expire in 2016. Cameco has agreed to pay $18M to SFL to permit early termination of the agreement. Production for Cameco at the Springfields facility will cease by August 31. Cameco expects to receive a maximum of 3,731 tonnes of uranium as UF6 from Springfields in 2014.
News For CCJ From The Last 14 Days
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September 24, 2014
08:47 EDTCCJCameco volatility flat as UxC Nuclear Fuel Price U3O8 price rises
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September 23, 2014
10:02 EDTCCJOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Analog Devices (ADI) downgraded to Neutral from Overweight at JPMorgan... Bed Bath & Beyond (BBBY) downgraded to Market Perform at William Blair... Cameco (CCJ) downgraded to Neutral from Buy at BofA/Merrill... Clorox (CLX) downgraded to Neutral from Buy at Citigroup... Concur (CNQR) downgraded to Neutral from Buy at Roth Capital... Del Frisco's (DFRG) downgraded at Sterne Agee... Dick's Sporting (DKS) downgraded to Market Perform from Outperform at William Blair... Dresser-Rand (DRC) downgraded to Hold from Buy at KeyBanc... Equinix (EQIX) downgraded to Market Perform from Outperform at Wells Fargo... Fluor (FLR) downgraded at Wells Fargo... Gordmans Stores (GMAN) downgraded at Canaccord... Jacobs Engineering (JEC) downgraded to Market Perform from Outperform at Wells Fargo... Nanometrics (NANO) downgraded to Hold from Buy at Canaccord... ON Semiconductor (ONNN) downgraded to Neutral from Overweight at JPMorgan... Siemens (SIEGY) downgraded to Equal Weight from Overweight at Barclays... Sigma-Aldrich (SIAL) downgraded to Hold from Buy at KeyBanc... Taminco (TAM) downgraded to Hold from Buy at Jefferies... Viasystems (VIAS) downgraded to Hold from Buy at Canaccord... Watsco (WSO) downgraded to Accumulate from Buy at Global Hunter.
06:29 EDTCCJCameco downgraded to Neutral from Buy at BofA/Merrill

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