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ThinkstockAlpha Natural Resources Inc. (NYSE: ANR) reported quarterly and full-year results this morning and managed to flop over a very low bar. The adjusted earnings per share (EPS) loss for the...
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U.S. equity markets opened higher this morning following a closely watched report on U.S. retail sales came in about as expected (more coverage here). U.S. business inventories rose less than...
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ThinkstockShares of Arch Coal Inc. (NYSE: ACI) have lost more than 9% this morning, following the company’s fourth-quarter earnings report. The coal mining firm reported an adjusted earnings per...
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ThinkstockPeabody Energy Corp. (NYSE: BTU) reported fourth quarter and full-year 2012 results yesterday that were objectively awful, but not bad in context. At least that’s what everyone thought...
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ThinkstockOn of the country’s largest coal miners, Consol Energy Inc. (NYSE: CNX) has outlined its investment plans for 2013, and the company expects to spend more on natural gas than it does on...
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ThinkstockWith about an hour and half to go before the markets close today, coals stocks are getting a boost from this morning’s announcement by Peabody Energy Corp. (NYSE: BTU) that its first...
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Canadian Pacific Railway Ltd. (NYSE: CP) this morning announced that it will take a pretax, noncash fourth-quarter charge of $180 million related to its option to build an extension of its network...
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Peabody Energy Corp. (NYSE: BTU) reported third-quarter results before markets opened this morning. The coal mining company posted adjusted diluted earnings per share (EPS) of $0.51 on revenues of...
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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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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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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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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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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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