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The three major US stock indexes opened higher this morning on a report from Europe that German chancellor Angela Merkel now backs bond buying by the European Central Bank.Even a larger-than-expected...
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Peabody Energy Corp. (NYSE: BTU) this morning reported its quarterly results of $0.73 adjusted earnings per share (EPS) and $2 billion in revenue. EPS dropped from $1.11 in the same period a year...
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The three major US stock indexes opened higher this morning as investors continue to hope for more central bank stimulation in weakening global economy. These investors are probably right that...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Alpha Natural Resources (NYSE: ANR) cut to Hold at Brean Murray Carret....
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The three major US stock indexes opened lower this morning following some lackluster data on the US economy. The Empire State manufacturing data improved, but retail sales posted an unexpected...
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Stocks are down midday Monday, with the Dow Jones Industrial Average down 0.30%, the Nasdaq down 0.22% and the S&P 500 down 0.15%. Today’s big winners are two pharmaceutical companies, with...
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Billionaire Wilbur Ross, who founded International Coal Group in 2005 and sold the company to Arch Coal Inc. (NYSE: ACI) last year for $3.4 billion, told Bloomberg News that current problems in the...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut...
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Coal miner Patriot Coal Corp. (NYSE: PCX) continues to skyrocket again today, taking up where it left off on Tuesday when the shares gained more than 32%. The stock is up another 35% today. The...
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Shares of Patriot Coal Corp. (NYSE: PCX) are up nearly 30% today and other coal companies are tagging along. James River Coal Co. (NASDAQ: JRCC) is up almost 9.5%, Arch Coal Inc. (NYSE: ACI) is up...
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An appeals court in the District of Columbia has ruled that the US Environmental Protection Agency was “unambiguously correct” in taking steps to set limits on greenhouse gas emissions. The...
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More bad news last night from the coal miners. Arch Coal Inc. (NYSE: ACI) announced that it would fire approximately 750 full-time employees and close 3 of its “higher-cost” thermal coal mines...
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Shares of Patriot Coal Corp. (NYSE: PCX) are dropping like a rock again today on no specific news. Other coal miners are faring somewhat better, with Arch Coal Inc. (NYSE: ACI) up slightly, James...
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The three major US stock indexes opened lower this morning as investors wait for weekend data on Chinese trade and industrial production. The drop in US unemployment benefits claims didn’t spur...
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Appalachian coal miner Alpha Natural Resources Inc. (NYSE: ANR) announced this morning that it will close four mines and halt work at two coal preparation plants in Kentucky. The company also said...
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