Cameco Resources is a subsidiary of Saskatoon, Saskatchewan- based Cameco Corp., one of the world's largest uranium producers. The new mine is part of an aggressive expansion program by Cameco amid a soft uranium market. Cameco plans to open five more uranium mines _ two in Wyoming and three in Nebraska _ over the next few years.
*Credit Suisse cuts price target to C $22.5 from C $23; rating neutral. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*Talisman, Cameco decline after earnings reports. *Tim Hortons jumps 4 percent after investor turns activist. TORONTO, May 1- Canada's main stock index fell more than 1 percent on Wednesday, hurt by sluggish economic data from China that yanked commodity prices lower and by weak earnings reports from some of the country's biggest companies.
WINNIPEG, Manitoba, May 1- Profit at Cameco Corp, one of the world's biggest uranium producers, plunged 93 percent in the first quarter as uranium sales fell and prices were weaker, but the company said it expects Japan to restart some nuclear reactors this year, pointing to better times ahead.
May 1- Cameco Corp, one of the world's biggest uranium producers, reported a 93 percent plunge in quarterly profit on Wednesday as uranium sales fell and prices were weaker, the company said. Net earnings for the first quarter fell to C $9 million, or 2 Canadian cents per share, from C $129 million, or 33 Canadian cents per share a year ago.
Net earnings attributable to the company fell to C $9 million, or 2 Canadian cents per share, from C $129 million, or 33 Canadian cents per share.
CHICAGO, May 01 Fitch Ratings has affirmed the' A+' Insurer Financial Strength ratings of Cincinnati Financial Corporation's three standard market property and casualty insurance subsidiaries and its life insurance subsidiary.
April 29- Cincinnati Financial Corp:. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
WINNIPEG, Manitoba, March 17- Two of the world's biggest uranium miners, Rio Tinto PLC and Areva SA, are pressing Canada to change a Cold War era policy that curbs foreign ownership of uranium mines.
Feb 11- Cameco Corp is watching the potential sale of Urenco, the world's second-largest maker of nuclear fuel, but is not close to deciding whether it will make a bid, Cameco's chief executive said on Monday.
*Possible bidders include Westinghouse, Areva. *London and Berlin open to sale, Dutch prefer status quo. Germany, Britain and the Netherlands, which set up Urenco more than forty years ago, have a duty to ensure secret technology that could be used to make an atomic bomb does not fall into the wrong hands.
Uranium producer Cameco has run rapidly since November, and yesterday the options volume was bullish.