USEC (USU) Up as Japan's Abe Takes Firmer Stance on Fukushima
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USEC (NYSE: USU), Uranium Resources (Nasdaq: URRE), and other peers are rebounding from earlier lows amid news that the Fukushima Dai-Ichi nuclear facility was still leaking radioactive groundwater into the Pacific Ocean.
Some of the sentiment might be positive following comments from Japan's Prime Minister Shinzo Abe, who isn't leaving the matter to Tokyo Electric Power Co (TEPCO). Abe commented,
Bloomberg noted today, citing a briefing on the matter to officials, that Fukushima was leaking about 300 tons of radioactive water per day into the ocean.
On July 22nd, USEC and others ripped higher following elections in Japan. The Liberal Democratic Party won the election and many speculated that a return to nuclear power could be imminent in Japan.
USEC is up 8.8 percent today while Uranium Resources is 0.3 percent better.
Some of the sentiment might be positive following comments from Japan's Prime Minister Shinzo Abe, who isn't leaving the matter to Tokyo Electric Power Co (TEPCO). Abe commented,
It is an urgent problem ... We will not leave this to TEPCO, but put together a government strategy. We will direct Tepco to make sure there is a swift and multi-faceted approach in place.
Bloomberg noted today, citing a briefing on the matter to officials, that Fukushima was leaking about 300 tons of radioactive water per day into the ocean.
On July 22nd, USEC and others ripped higher following elections in Japan. The Liberal Democratic Party won the election and many speculated that a return to nuclear power could be imminent in Japan.
USEC is up 8.8 percent today while Uranium Resources is 0.3 percent better.
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