USEC Inc. (NYSE:USU) board of directors has voted to continue the company's investment in the American Centrifuge Plant for the month of October, but at a reduced spending rate as the company continues working with the Department of Energy (DOE) to achieve a conditional loan guarantee commitment for the project by November 1. The company is directing suppliers to suspend certain work and notifying workers of possible future layoffs.
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(USU, CALX, CLNO, ENZ) Stock to Watch by CRWEWallStreet.com
October 1st, 2011 at 02:02 pm