USEC is a global energy company. Together with its U.S. Enrichment Corporation and NAC International Inc. subsidiaries, Co. supplies low-enriched uranium to domestic and international...
Question-and-Answer Session Operator Thank you, sir. Operator Instructions. We will take our first question from Al Kabili with Goldman Sachs. Albert Kabili - Goldman Sachs Hi, good morning guys. John Welch Hi Al. Albert Kabili - Goldman Sachs I appreciate some of the additional...
Question-and-Answer SessionOperator Operator Instructions. And our first question comes from Al Kabili with Goldman Sachs. Your line is now open. Al Kabili Hi, good morning guys. Thank you for taking my questions. I guess first question John, if you could talk about your average...
Question-and-Answer Session Operator Operator Instructions We will go first to Gabby Kalinsky - Goldman Sachs. Gabby Kalinsky - Goldman Sachs This is Gabby filling in for Albert Kabili. Just had a couple of quick questions. First you mentioned in the call that in September you...
Earnings Call Excerpt USEC Inc. USU Q3 2007 Earnings Call November 2, 2007, 08:30 a.m. ET Executives John Welch - Chief Executive Officer, President John Barpoulis - Chief Financial Officer Robert Van Namen - Sr. VP of Uranium Enrichment Steven Wingfield – Director, Investor Relations J....
Jason Kelly submits: Lots of readers have asked if The Kelly Letter is snapping up bargains in the energy sector. I've found that most people divide the sector into two groups: traditional fossil fuels and alternative energy, the latter being considered solar and wind mostly, with occasional mentions of...
BETHESDA, Md. -- USEC Inc. (NYSE:USU) awarded an engineering, procurement, construction and construction management services contract to Fluor Corporation totaling approximately $1 billion for USEC's American Centrifuge Plant in Piketon, Ohio. The contract is consistent with the previously announced $3.5 billion project budget for the American Centrifuge Plant....
- Project Is Helping Rebuild U.S. Nuclear Manufacturing Base - BETHESDA, Md. -- USEC Inc.'s (NYSE:USU) American Centrifuge project is creating thousands of jobs at sites across the United States and helping rebuild America's nuclear manufacturing base. USEC's suppliers are adding jobs and building new facilities to manufacture...
* $3.5 billion project budget complete, including spending to date but excluding financing costs and financial assurance * USEC applies for financing under DOE Loan Guarantee program * Initial machine design drawings released, allowing strategic suppliers to build first AC100 centrifuges * Component production...
* Net income of $10.8 million for 2nd quarter; $15.2 million for six-month period * Quarterly revenue totals $249 million; $592 million for six-month period * Net income and cash flow guidance for 2008 updated and reiterated BETHESDA, Md. -- USEC Inc. (NYSE:USU) today...
- Brings Decades of Nuclear Construction and Operations Experience to American Centrifuge Project - BETHESDA, Md. -- USEC Inc.'s (NYSE:USU) board of directors has appointed Russell B. Starkey to the position of vice president, American Centrifuge. Starkey had served as interim vice president, American Centrifuge, since February 2008...
Expands DeVry's High-Quality Healthcare Offerings OAKBROOK TERRACE, Ill. -- DeVry Inc. (NYSE: DV), a global provider of educational services, today announced it will acquire U.S. Education Corporation USEC for $290 million in cash. USEC is the parent organization of Apollo College and Western Career College and is headquartered...
BETHESDA, Md. -- USEC Inc. (NYSE:USU) has submitted its application for a loan guarantee from the U.S. Department of Energy DOE to fund construction of the American Centrifuge Plant in Piketon, Ohio. DOE invited nuclear energy projects to submit loan guarantee applications on June 30, 2008. The omnibus...
BETHESDA, Md. -- USEC Inc. (NYSE:USU) will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Wednesday, August 6 at 8:30 a.m. ET. The Company will release its earnings for the second quarter ended June 30, 2008, after markets close on Tuesday, August...
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BroadLight's PON Innovation Set the Guidelines for GPON Framing SANTA CLARA, Calif. -- BroadLight, the leading supplier of GPON semiconductors and software, today announced that it has been awarded a patent for natively transporting voice and data over Passive Optical Networks. This patent, which was...
SAN FRANCISCO -- The Asia Foundation, the premier non-profit organization devoted to Asia's development since 1954, announced today that Ambassador Michael H. Armacost has been appointed as Chairman of the Board of Trustees. Ambassador Armacost, currently a Shorenstein Distinguished Fellow at Stanford University's Shorenstein Asia-Pacific Research Center,...
THOUSAND OAKS, Calif. -- Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., has received a $92 million follow-on order from USEC Inc. (NYSE: USU) to manufacture and deliver 540 gas centrifuge service modules. Teledyne Brown expects to deliver the service modules through...
Wall Street News Alert's "stocks to watch" thismorning are: Bancroft Uranium Inc. (OTCBB: BCFT), USEC Incorporated (NYSE: USU), Rio Tinto PLC ADR (NYSE: RTP) and Companhia Vale do Rio Doce (NYSE: RIO). Having recently announced that it has begun the 2008 exploration program onits Elliott Lake, Ontario uranium prospect, Bancroft...
Teledyne to Manufacture Service Modules for USEC's American Centrifuge Plant BETHESDA, Md. -- First graph, first sentence of release should read: USEC Inc. (NYSE:USU) awarded a $92 million contract to Teledyne Brown Engineering Inc. of Huntsville, Ala., to manufacture 540 gas centrifuge service modules for USEC's American Centrifuge...