USEC, the Bethesda, Md., uranium enrichment company that took over the Department of Energy’s enrichment program in 1992 is claiming that the Obama administration is reneging on promises to provide $2 ...

It's a time of transition at Bethesda's USEC, one of Maryland's largest companies in terms of revenues. Coming off its worst year financially since going public in 1998, the supplier of enriched ...

March 5 (Reuters) - USEC Inc filed for bankruptcy after struggling with weak prices for the enriched uranium it supplies to nuclear power plants and difficulties in financing a major project. Shares ...

BETHESDA, Md.--(BUSINESS WIRE)--USEC Inc. (NYSE:USU) President and Chief Executive Officer John K. Welch issued the following statement today after being advised that the U.S. Department of Energy ...

Increased spending on the American Centrifuge coupled with a lower gross profit margin have resulted in first quarter losses of $2.1 million for USEC as the company tries to conserve cash pending a ...

Exelon, the largest nuclear generator in the U.S., on Thursday signed a $1.2 billion contract to purchase separative work units (SWUs) from USEC’s American Centrifuge Plant to fuel its reactors ...

In a move suggesting growing confidence in USEC's American Centrifuge technology, the US Department of Energy (DoE) has agreed to provide the company with $45 million in funding for its ongoing ...

The Energy Department is considering the purchase of experimental centrifuges from the United States Enrichment Corp as a way of channeling money to the ailing nuclear fuel company, which says it ...

uranium companies have not shown the same kind of acceleration. Given the market cap and volume, “it doesn’t take a hell of a lot to generate a squeeze, especially once the fast money gets in,” said ...