Shares of Nordion (NDZ -35%) melt down after the company announced plans to suspend its...
Monday, September 10, 2012, 12:44 PM ETShares of Nordion (NDZ -35%) melt down after the company announced plans to suspend its quarterly dividend in response to an arbitration loss relating to claims against Atomic Energy of Canada for the cancelled construction of its MAPLE facilities. The facilities were the nuclear reactors and processing facility that were being constructed by AECL to serve as the source of NDZs long-term medical isotope supply.
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