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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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August 11, 2014
10:19 EDTSHZOn The Fly: Analyst Downgrade Summary
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07:42 EDTMCPMolycorp shares have significant downside risk, says JPMorgan
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August 8, 2014
11:37 EDTMCPStocks with call strike movement; MCP GTAT
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August 7, 2014
13:34 EDTMCPMolycorp secures $400M in financing arrangement with Oaktree Capital
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09:08 EDTMCPOn The Fly: Pre-market Movers
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07:02 EDTREERare Element reports Q2 EPS (6c) vs. (12c) last year
For accounting purposes, the Company is classified as an exploration stage company and, as such, does not have production-related revenues at this time. The key drivers behind the lower year-over-year expenses were primarily a decrease in exploration and evaluation expenses of $0.9M, the result of a shift to technical and economic evaluation with a related reduction in exploration expenses offset slightly by an increase in expenses for metallurgical and engineering test work, lower corporate administrative cost of $0.5M, primarily due to lower stock-based compensation expense, and a favorable variance in currency translation of $0.9M.

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