Ever since the Energy Act of 2005 was passed and signed by President Bush, USEC Inc. (NYSE: USU) has been working on a loan guarantee of $2 billion to build ... Read Full Story »
The outlook for uranium miners and nuclear power plant builders has dimmed considerably following the disaster at Japan’s Fukushima Daiichi power plant last spring. The Japanese government is considering building ... Read Full Story »
Today was a day of red that went to a day of green. Earnings were at first a disappointment, and producer price index came out far hotter at +0.8% on ... Read Full Story »
The US Department of Energy has announced that it will offer a loan guarantee for $105 million to expand an Iowa plant that makes ethanol from the cellulosic waste ... Read Full Story »
USEC Inc. (NYSE: USU) is soaring on news that it may have a bit of a reprieve on its capital needs for the construction of the American Centrifuge Plant in ... Read Full Story »
Today's alternative energy news includes recent changes to Italian solar subsidies, restrictions on biomass electricity generation, and comments by Bill Gates on energy innovation. After 10 years of booming growth, ... Read Full Story »
Next week will mark the third week of the full daily earnings onslaught in what is really the fourth week of earnings season. There are many market-moving companies and sector-moving ... Read Full Story »
It goes without saying that nuclear power has hit skid row. The damage to the industry that has been caused by the earthquake and the tsunami which followed in Japan ... Read Full Story »
The second day sell-off and panic in Japan has gotten even worse than what was expected and is now far worse than the immediate reaction after the 1995 Kobe earthquake ... Read Full Story »
Nuclear power as a carbon-free movement and as a path to energy independence in America is not likely to get sidelined in the immediate aftermath of the Sendai, Japan earthquake. ... Read Full Story »
Following the disaster in Japan, and particularly the explosions in one one of the country's 53 nuclear power generating reactors, the reactions of other nations with nuclear power plants either ... Read Full Story »
Uranium processor USEC Inc. (NYSE: USU) reported earnings this morning and offered some partial guidance for 2011. The company's fourth-quarter diluted EPS came to $0.05 on revenue $666.4 million, compared ... Read Full Story »
Uranium ore prices peaked at $136/pound in July 2007 and have fallen nearly 70% since then to $41.75/pound. The drop came as new mines were developed in response to anticipated ... Read Full Story »
Last week, USEC Inc. (NYSE:USU) announced a $200 million investment from Toshiba Corp. and Babcock & Wilcox that would be spread out over three phases. Each of the investors will ... Read Full Story »
USEC Inc. (NYSE:USU) has appointed Christine M. Ciccone as senior vice president of external relations. This is not going to just be a media and government affairs position. This position ... Read Full Story »