USEC Inc.

Uranium stocks have struggled recently as uranium prices have experienced a sharp decline. Spot prices for uranium are currently at a new two-year low according to Ux Consulting. The Global X Uranium ETF (URA) has fallen nearly 14 percent year-to-date, after gaining as much as 20 percent during the first quarter. The Paragon Report examines [...]

President Obama recently signed a six-month spending measure for the federal government that contains funding for continued work on the American Centrifuge research, development and demonstration program. The funding is part of the government′s $280 million share of the $350 million cost-share program with USEC, which will support national security and nonproliferation policy objectives through the demonstration of America′s next generation of uranium enrichment te [...]

USEC Inc.′s (NYSE: USU) American Centrifuge research, development and demonstration (RD&D) program recently accomplished the second of five technical milestones with Department of Energy certification of the successful completion of 20 years of centrifuge run-time on th ...

Investor optimism within the Uranium Industry appears to be gaining momentum in 2012 as Japan has begun to bring back nuclear reactors online. The URA is up nearly 8 percent in the last month as the growth outlook of Nuclear Energy appears strong after falling hard last year on Japan's nuclear disaster. The ETF collapsed over 50 percent last year [...]

USEC Inc. (NYSE: USU) today announced that Robert Warther has been named deputy program manager for the American Centrifuge research, development and demonstration (RD&D) program. The board of managers of American Centrifuge Demonstration, LLC, a subsidiary responsible fo ...

DOE agrees to project test plan, completing first of five program
milestones

Representatives from nuclear industry leaders B&W, Exelon, and
Toshiba, along with other accomplished industry experts, join
demonstration subsidiary board of managers

Hiring has begun, additional AC100 [...]

Net loss of $92.0 million on revenue of $364.8 millionCash flow provided by operations of $162.1 million; Cash balance of $229 millionAdvanced technology expense of $85.7 million, including non-cash expense related to transfer of centrifuge assets totaling $44.6 million2012 outlook updated on RD&D spending, year-end cash balance

USEC Inc. (NYSE:USU) will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Wednesday, August 1, 2012, at 8:30 a.m. ET. The Company will release its earnings for the second quarter of 2012, which ended June 30, ...

After an unexpected strong start to 2012, uranium stocks have fallen hard in recent months. The Global X Uranium ETF is down more than 30 percent over the last 6 months. Despite the fall uranium stocks look to be on the upswing as Japan has finally begun to restart their first nuclear reactors since the Fukushima disaster. The Paragon Report [...]

USEC Inc. (NYSE: USU) announced today that the Megatons to Megawatts? program has converted 450 metric tons of weapons-grade uranium from dismantled former Soviet Union nuclear warheads into low enriched uranium fuel to generate clean, reliable electricity in commercial ...