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Stock Market & Financial Investment News

News Breaks
March 1, 2013
16:38 EDTMCPMolycorp files to delay 10-K, to incur undetermined goodwill impairment charge
As previously disclosed, in connection with the preparation of its financial statements for the year ended December 31, 2012, Molycorp has determined that it will incur a non-cash goodwill impairment charge, substantially all of which will relate to its acquisition of Neo Material Technologies. The company has not yet determined the actual amount of the goodwill impairment charge, but it is expected that the charge will be a substantial portion of the total amount of goodwill the company had recorded in respect of the Molycorp Canada acquisition. The actual amount of the goodwill impairment charge will be determined by the company as it finalizes its financial statements for the year ended December 31, 2012. The company will not restate any previously issued financial statements in connection with the incurrence of the goodwill impairment charge. Accordingly, until the company determines the actual amount of the goodwill impairment charge, the company will be unable to file its Annual Report on Form 10-K for the year ended December 31, 2012.
News For MCP From The Last 14 Days
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March 23, 2015
09:37 EDTMCPActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL AUY SLB PFE MCP CELG VRTX SHPG GILD LOGI TSLA TASR NFLX SCTY WFM
08:55 EDTMCPChina rare earth exports down 2.7% from prior month in February, Bloomberg says
China's customs agency reported February rare earth exports of 4.36K tons vs. 4.48K tons in January, according to Bloomberg, citing an emailed statement from the agency. Rare earth miners include Molycorp (MCP), whose shares are up 28% to 46c in pre-market trading, and Rare Element Resources (REE).
March 19, 2015
07:55 EDTMCPMolycorp bondholders led by Apollo close to hiring Blackstone, Bloomberg says
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March 18, 2015
15:22 EDTMCPMolycorp creditors close to hiring Blackstone, Bloomberg says
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05:45 EDTMCPStocks with implied volatility movement; MCP FXCM
Stocks with implied volatility movement; Molycorp (MCP) 270, FXCM (FXCM) 86 according to iVolatility.
March 17, 2015
09:25 EDTMCPOn The Fly: Pre-market Movers
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07:49 EDTMCPJPMorgan 'very concerned' about Molycorp capital levels
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