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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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Coal stocks are taking another hit today, although there has been a slight bounce in the late morning. Buyers must hold the opinion that the stocks have reached or nearly reached a bottom. Certainly...
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Shares of Patriot Coal Corp. (NYSE: PCX) are in freefall this afternoon on a report from Debtwire that the company is seeking a firm to help with its restructuring. The Debtwire report cited at...
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Today’s not a good day to be in the coal business. Miner Patriot Coal Corp. (NYSE: PCX) announced this morning that it was lowering both shipment and price forecasts for metallurgical coal for this...
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No one was expecting much from Arch Coal Inc. (NYSE: ACI) when it reported first-quarter results this morning. And that’s just what investors got. The company reported an adjusted EPS loss of...
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Markets opened lower this morning and by mid-morning equities were trading down about -1% across the board, where they have mostly remained for the rest of the day. Worries about Spain have replaced...
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Just yesterday we noted that coal stocks were getting a nice boost based on the expectation that the stocks had just about hit bottom. One day does not a trend make, but there’s really no reason to...
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Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday (Friday the 13th). Apple Inc. (NASDAQ: AAPL) Reiterated Buy and Raised...
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Coal prices are getting a nice bump today after a long slide. Peabody Energy Corp. (NYSE: BTU), Arch Coal Inc. (NYSE: ACI), Alpha Natural Resources Inc. (NYSE: ANR), Patriot Coal Co. (NYSE: PCX),...
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US coal miners exported 107 million tons of coal in 2011, most of it to Asia. That’s nearly double total US coal exports just five years earlier, and the shipments brought in about $16 billion in...
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We have recently begun filtering out value stocks in a sector by sector screen ahead of earnings season. This latest batch is a commodities value screen, and we identified three clear value picks...
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Apparently it seems that getting coal in your Christmas stockings is now a good thing. FBR Capital Markets has a research report this morning that is highlighting some select coal names and the...
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It seems that there is no caution in all the pending Initial Public Offerings coming to market. Cloud Peak Energy, Inc. is raising the amount targeted for its capital raise of up to $650 million...
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