Guess we know now what the bullish divergences were all about on the chart. Amazing how often stocks tend to tank into news. Must just be a bizarre coincidence. Yeah, that's the ticket. Thanks for bringing this one to my attention Paul!Oct 24 (Reuters) - USEC Inc (USU.N: Quote, Profile, Research) said it signed a contract valued at about $400 million with Korea Hydro & Nuclear Power Co Ltd to sell separative work units of enriched uranium for the utility's light-water nuclear power reactors.
The new contract with the Seoul-based utility runs through 2013 and covers new deliveries of enriched uranium, as well as improved terms on existing commitments, USEC said. (Reporting by Jennifer Robin Raj in Bangalore)