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As natural gas prices rise along with a forecast for a colder winter in the U.S., U.S. coal stocks have benefited from a burst of enthusiasm since early October. Share prices have jumped as much as...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday. Alpha Natural Resources Inc. (NYSE: ANR) cut to Neutral at Nomura....
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The three major U.S. stock indexes opened higher this morning on traders initial reaction to a sharp drop in the weekly report on new claims for unemployment (more coverage here). In Asia, South...
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The three major U.S. stock indexes opened lower this morning following a lowered forecast on global economic growth from the International Monetary Fund (more coverage here). In Asia, Japanese...
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Following Governor Romney’s statement in Wednesday night’s presidential debate that, “I love coal,” coal stocks got a nice boost in yesterday’s trading, with shares rising nearly 12% at...
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The coal sector may not yet have found a bottom, or at least the prior gains from the bottom may be short-lived. That is the word from Bank of America/Merrill Lynch this morning as the firm made two...
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Yesterday’s announcement of mine closures and production cutbacks at Alpha Natural Resources Inc. (NYSE: ANR) pushed the coal miner’s shares down about 3%. Fallout from that announcement is...
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Coal miner Alpha Natural Resources Inc. (NYSE: ANR) announced today that it was “idling” eight mines in Virginia, West Virginia and Pennsylvania and eliminating about 400 jobs in an effort to...
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Yesterday’s FOMC decision to provide more stimulus for the U.S. economy pushed stocks higher in every sector. The energy sector has done better than most as investors believe that economic growth...
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The three major U.S. stock indexes opened flat this morning as world markets didn’t want to jump the gun on today’s announcement from the FOMC. The report on new claims for unemployment benefits...
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Energy stocks today exhibit all the signs of a market reacting to news that is difficult to categorize easily. First there is the $6 billion in acquisitions announced this morning by Plains...
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The three major U.S. stock indexes opened mixed this morning following a lower-than-expected increase in non-farm payrolls (more coverage here). In Asia and Europe, though, markets were higher for...
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We noted earlier this morning that China’s National Development and Reform Commission has approved a plan to spend RMB1 trillion (about $158 billion) on infrastructure projects in an effort to...
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The three major US stock indexes opened lower this morning following on softness in European markets and a mixed close in the Asian markets. There has been little data for investors to chew on over...
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Alpha Natural Resources Inc. (NYSE: ANR) reported a second-quarter adjusted net loss of $0.33 and $1.85 billion in revenue before markets opened today. Earnings per share for the same period a year...
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