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Molycorp (MCP) in Focus as OM Group (OMG) Signals Challenging Q4

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OM Group (OMG) Approves $50M Buyback Plan; Sees Q4 Charge on Low Rare Earth Prices

January 22, 2013 6:50 AM EST

OM Group (NYSE: OMG) also announced that its Board of Directors has authorized the repurchase of up to $50 million of its common shares. The Company may utilize various methods to effect the repurchases, which may include open market repurchases, negotiated block transactions, accelerated share... More