News: Molycorp Inc (MCP)

MCP on New York Consolidated

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20 May 2013
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Tue, May 14 2013

BRIEF-Molycorp shares up 5.7 pct in premarket trading

NEW YORK, May 14 - Molycorp Inc : * Shares up 5.7 percent in premarket trading

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Molycorp rises after smaller than expected loss

- Shares of Molycorp Inc soared more than 30 percent on Friday, a day after the rare earths producer reported a narrower-than-expected loss for the first quarter.

UPDATE 2-Molycorp loss widens on higher costs, softer rare earths prices

May 9 - U.S. rare earths producer Molycorp Inc said on Thursday that it had a wider loss in the first quarter after higher costs and weak rare earth prices, which it said had declined more in recent weeks.

BRIEF-Molycorp shares up 8.6 percent after the bell

NEW YORK, May 9 - Molycorp Inc : * Shares up 8.6 percent after the bell following results

Molycorp posts loss on writedown, to cut jobs

- Molycorp Inc said on Thursday it planned to cut an unspecified number of jobs as it reported a fourth-quarter loss and booked an impairment charge related to its 2012 takeover of rare earth processer Neo Material Technologies.

UPDATE 1-Molycorp posts loss on writedown, to cut jobs

* Still expects Mountain Pass mine to be lowest cost producer

BRIEF-Molycorp shares up 1.8 pct after the bell following results

NEW YORK, March 14 - Molycorp Inc : * Shares were up 1.8 percent after the bell following the release of its results.

Molycorp posts loss, including impairment charge

March 14 - Molycorp Inc, North America's largest rare earth producer, reported a fourth-quarter loss on Thursday, booking a $264.3 million impairment charge related to its 2012 takeover of Neo Material Technologies.

Molycorp warns of impairment charge, delays results

TORONTO - Rare earth producer Molycorp Inc on Thursday said it is delaying its quarterly results and its annual report because it has yet to determine the size of a goodwill impairment charge that will be recorded in the fourth quarter.

UPDATE 2-Molycorp warns of impairment charge, delays results

* Shares down 2.2 pct on the NYSE (Adds analyst comment; updates share price move)

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