Stock Market & Financial Investment News

News Breaks December 28, 2012 16:43 EDT MCP Molycorp enters separation agreement with former CEO Mark Smith The separation agreement provides that Smith will release the company and certain other parties from any and all claims, causes of action and demands arising on or prior to December 22. If Smith does not revoke the release within the seven-day revocation period, he will be entitled to the following payments: a lump sum cash payment equal to $2.45M, consisting of $1.7M representing two times his annual target bonus opportunity for 2012 and $721,232 representing a portion of the two years of base salary to which he is entitled and $23,895 representing a cash payment in satisfaction of 18 months of reimbursement for COBRA premiums; an amount in cash equal to $978,768, consisting of the remainder of the two years of base salary to which he is entitled, and payable as continued base salary commencing on October 16, 2013 and ending on December 10, 2014; and a lump sum cash payment equal to $47,446 in satisfaction of performance-based restricted stock units on the first business day after the Release becomes irrevocable. Smith will also provide transitional consulting services to the company as requested by the board for an initial term ending on December 31, 2013 and Smith will receive a total of $425,000 during the term, which represents one-half of his base salary in effect immediately prior to his termination of employment. News For MCP From The Last 14 Days Check below for free stories on MCP the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 21, 2013 16:04 EDT MCP Options Update; May 21, 2013 Subscribe for More Information 09:42 EDT MCP Active equity option families trading on open Active equity option families trading on open according to Track Data: AAPL HD MCP ABX TSLA C 09:19 EDT MCP China rare-earth exports rose 28% in April from prior month, WSJ says Subscribe for More Information May 10, 2013 14:14 EDT MCP Molycorp could see a short squeeze, says CIBC Subscribe for More Information 12:31 EDT MCP On The Fly: Midday Wrap Subscribe for More Information 12:00 EDT MCP Molycorp rises 19.7% Subscribe for More Information 10:00 EDT MCP Molycorp rises 17.5% Subscribe for More Information 09:38 EDT MCP Active equity option families trading Subscribe for More Information 09:21 EDT MCP On The Fly: Pre-market Movers Subscribe for More Information 09:00 EDT MCP Molycorp rises 9.3% Subscribe for More Information May 9, 2013 16:24 EDT MCP Molycorp reports Q1 adjusted EPS (15c), consensus (27c) Reports Q1 revenue $146.4M, consensus $137.52M. 13:54 EDT MCP Molycorp May 6 weekly straddle priced for 9.5% move into Q1 Subscribe for More Information 10:22 EDT MCP Molycorp May volatility elevated into Q1 and expense outlook Molycorp May weekly call option implied volatility is at 239, May is at 92, June is at 75, September is at 67; compared to its 26-week average of 75 according to Track Data, suggesting large near term price movement into the expected release of Q1 results today after the market close. Sign up for a free trial to see the rest of the stories you've been missing.