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Stock Market & Financial Investment News

News Breaks
January 8, 2013
08:16 EDTSHZ, MCP, REE, AVLChina sharply reduces rare earth production quota, China Daily reports
China set its 2013 production quota for a type of rare earth metal at about half the level of the 2012 quota , according to China Daily, which cited a statement by the Chinese government that was posted on Saturday. The rare earth metal is used in mobile phones, hybrid cars and missile systems, the newspaper stated. Reference Link
News For SHZ;MCP;REE;AVL From The Last 14 Days
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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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