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Stock Market & Financial Investment News

News Breaks
January 10, 2013
07:52 EDTMCPMolycorp says Phase 2 at Mountain Pass to wait for demand, returns justification
Molycorp said its Mountain Pass complex is designed to be able to allow for expanded production to a "Phase 2" rate of as much as 40,000 mt/year of rare earth oxide equivalent. However, the company stated that, while most of the equipment necessary to complete Project Phoenix Phase 2 is already on site, the decision to complete Phase 2 construction and start-up will not be made until market demand, product pricing, capital availability, and financial returns justify additional increases in production beyond Phase 1.
News For MCP From The Last 14 Days
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January 29, 2015
05:49 EDTMCPStocks with implied volatility movement; MCP XOM
Stocks with implied volatility movement; Molycorp (MCP) 212, Exxon Mobil (XOM) 28 according to iVolatility.
January 26, 2015
06:00 EDTMCPStocks with implied volatility movement; XOM MCP
Stocks with implied volatility movement; Exxon Mobil (XOM) 22, Molycorp (MCP) 196 according to iVolatility.
January 23, 2015
10:02 EDTMCPOn the Fly: Analyst Downgrade Summary
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09:21 EDTMCPOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Infinera (INFN), up 13.2%... E-Trade (ETFC), up 5.6%... Starbucks (SBUX), up 5%... ResMed (RMD), up 3.2%. ALSO HIGHER: IVUS (VVUS), up 6.2% after being initiated with an Outperform at RBC Capital... Vitae Pharmaceuticals (VTAE), up 12.3% after 3M share Secondary priced at $11.90... lululemon (LULU), up 3.5% after being upgraded to Overweight from Neutral at JPMorgan. DOWN AFTER EARNINGS: Kimberly Clark (KMB), down 4.6%... Bank of New York Mellon (BK), down 2.1%... Altera (ALTR), down 4.4%... Kansas City Southern (KSU), down 3.3%... McDonald's (MCD), down fractionally. ALSO LOWER: LeapFrog (LF), down 32.8% after reporting preliminary third quarter results and withdrawing fiscal 2015 guidance... Molycorp (MCP), down 10.7% after being downgraded to Neutral from Buy at DA Davidson... Dreamworks (DWA), down 12% after announcing that it will cut 500 jobs, reduce films released per year, and seeing a $55M charge for 'The Penguins of Madagascar' and 'Mr. Peabody and Sherman'... Otonomy (OTIC), down 1.8% after secondary increased to 2.55M shares, priced at $29.25.
08:09 EDTMCPMolycorp downgraded to Neutral from Buy at DA Davidson
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07:09 EDTMCPMolycorp may have hired Jones Day for debt restructuring advice, Bloomberg says
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