Germany began observing daylight saving to conserve fuel during World War I. The U.S. went through a lot of back-and-forth regarding daylight saving. The practice was adopted in 1918, abolished for unpopularity after WWI and reinstated during WWII â at this time it was called War Time and took place year round.
After its stock traded below $1 for 30 consecutive days Molycorp (MCP) received a delisting notice from the NYSE on December 30, 2014. An average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month.
CA does not endorse TRC Capitalâs offer and recommends that stockholders reject the offer because the offer price is below the current market price for CA shares and is subject to numerous conditions, including TRC Capitalâs obtaining sufficient financing necessary to consummate the offer.A cautions stockholders that the offer is being made at a 4.59 percent discount to the closing price of $31.18 per share for the companyâs common stock on February 3, 2015, the day prior to the date the offer commenced, and approximately 6.89 percent below todayâs closing market price of $31.95.