Molycorp Inc. (MCP) announced Thursday morning that it anticipates lower than expected revenue and cash flow for 2013, and is evaluating its capital needs for 2013.
Molycorp gapped open lower Thursday and has continued to decline in early trade. The stock is now down 2.68 at $8.11 on above average volume. The stock has dropped to nearly a month and a half low.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.