Author: derryj
05.25.2016
Leadership in a Time of Transformation
Remarks by Centrus President & CEO Daniel B. Poneman to the Nuclear Energy Institute's Nuclear Energy Assembly
05.22.2016
Decision Time for Illinois Clean Energy
State officials in Illinois should act quickly to realign the incentives in the electricity market more fairly to reflect the value of the carbon free, base-load energy that nuclear power provides.
05.20.2016
Centrus Appoints Dennis J. Scott as Vice President, General Counsel, Chief Compliance Officer & Corporate Secretary
Mr. Scott will serve as Centrus’ principal legal and corporate governance officer. Mr. Scott has served as acting general counsel since July 2015.
05.20.2016
Centrus Appoints Larry B. Cutlip as Vice President of Field Operations
Mr. Cutlip will lead the Company’s activities at its Tennessee, Ohio, and Kentucky sites. In his new role, Mr. Cutlip will be assuming the duties of Steven Penrod, vice president, American Centrifuge, who will be leaving the Company at the end of June after more than 36 years of company service.
05.09.2016
Centrus Reports First Quarter 2016 Results
Net loss of $14.6 million on revenue of $90.0 million; Gross profit of $8.1 million for the LEU segment; improved margins on lower sales volume; Costs for demobilization of demonstration cascade of $12.0 million; Cash balance of $180 million at March 31, 2016; On track with annual outlook of $275-300 million in revenue and $200-250 million cash balance for year-end 2016
05.03.2016
Centrus to Webcast Conference Call on May 10 at 8:30 a.m. ET
The conference call with shareholders and analysts will be open to listeners, who may log in through the Company’s website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast replay will be available through May 24, 2016.
04.12.2016
Centrus and ConverDyn Sign MOU to Explore Joint Sales and Business Development Opportunities
Centrus has signed a memorandum of understanding with ConverDyn to explore the potential for joint sales of the companies’ nuclear fuel products and services to utility customers around the world.
04.06.2016
Centrus Energy to Preserve Net Operating Loss Carryforwards and to Protect Centrus Stockholders with Stockholder Rights Plan
Centrus' Board of Directors has adopted a Net Operating Loss stockholder rights plan to seek to preserve its substantial tax assets available to reduce potential future tax liabilities and to protect the interests of the Centrus stockholders.
03.30.2016
Two Reasons to Restore American Nuclear Leadership
The fights against nuclear terrorism and climate change would both benefit from strengthened American leadership in nuclear energy