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Stock Market & Financial Investment News

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March 14, 2013
16:10 EDTMCPMolycorp AWT enters into five-year agreement with Univar USA
Univar announced that its subsidiary, Univar USA, has entered into an exclusive five-year North American agreement with Molycorp Advanced Water Technologies to distribute the company's proprietary, cerium-based water treatment product SorbX-100TM, formerly known as XSORBXTM, to municipal and industrial wastewater treatment facilities in North America. The high performance properties of SorbX-100TM make the product a strong addition to Univar's existing portfolio of products already serving the wastewater industry. The company's extensive North American network will create greater opportunities for municipalities in the U.S. and Canada to benefit from the cost and operational efficiencies of SorbX-100TM.
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September 11, 2014
18:35 EDTMCPOn The Fly: After Hours Movers
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17:00 EDTMCPMolycorp announces closing of $400M financing arrangement
Molycorp, Inc. announced the successful close of its previously announced $400M financing arrangement with certain investment vehicles affiliated with Oaktree Capital Management, L.P. Under the arrangement, Oaktree will provide Molycorp and certain of the company's subsidiaries with up to $400M in secured financing through credit facilities and the sale and leaseback of certain equipment at the company's Mountain Pass facility. $250M of the financings has now been funded, with the remaining $150M available until April 30, 2016 if Molycorp achieves consolidated adjusted EBITDA of not less than $20.0M per quarter for two consecutive fiscal quarters, and production volume at its Mountain Pass facility of at least 4,000 metric tons per quarter for two consecutive fiscal quarters.
September 5, 2014
16:01 EDTMCPOptions Update; September 5, 2014
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12:42 EDTMCPStocks with increasing options volume
Stocks with increasing options volume: VALE MCP KORS WAG GM PCLN

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