Goldman Maintains Neutral Rating on Molycorp (MCP)
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Piper Jaffray Assumed Molycorp (MCP) at Neutral
March 15, 2013 7:28 AM EDTPiper Jaffray assumed coverage on Molycorp (NYSE: MCP) with a Neutral. PT $8.00.
For an analyst ratings summary and ratings history on Molycorp click here. For more ratings news on Molycorp click here.
Shares of Molycorp closed at $5.99 yesterday, with a 52 week range of $5.73-$35.79.... More
Molycorp (MCP) Posts Wider Q4 Loss; Sees 1st-Half 2013 Weaker
March 14, 2013 4:15 PM EDTMolycorp (NYSE: MCP) reported Q4 EPS of ($0.45), $0.14 worse than the analyst estimate of ($0.31). Revenue for the quarter came in at $134.3 million versus the consensus estimate of $165.98 million.
On its outlook, the company commented:
The Company expects its financial performance for the first half of 2013 is likely to... More