coal prices
coal prices Articles
Concerns about the global economic recovery and the ability of emerging markets, especially China, to keep growing are affecting prices for many commodities, including coal. Adding to coal’s...
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Yesterday’s publication of proposed new carbon emissions rules related to electricity power generating plants have taken even more steam out of US coal company stocks. The new rules are generally...
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Coal miner Walter Energy Inc. (NYSE: WLT) this morning lowered its revenue and profit forecasts for the current quarter, but, in a bit of an odd turn, maintained its full-year production forecast....
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British newspaper The Guardian has a blog post saying there is speculation that US coal miner Walter Energy Inc. (NYSE: WLT) could be a ripe for a takeover fight among three potential buyers. First,...
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Arch Coal Inc. (NYSE: ACI) reported fourth quarter and full year earnings this morning, and, like most other coal miners, the fourth quarter was just okay, while the outlook for the year ahead is not...
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US coal miners had a tough fourth quarter and most are expecting the same conditions for at least the first half of 2012. Alpha Natural Resources Inc. (NYSE: ANR), Patriot Coal Co. (NYSE: PCX), and...
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Coal miner Peabody Energy Corp. (NYSE: BTU) missed earnings and revenue estimates this morning and the shares are trading down more than -5%. Second fiscal quarter adjusted EPS came in at $0.98...
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US coal miner Patriot Coal Corp. (NYSE: PCX) said this morning that it was closing three of its contractor-operated coal mines and two production units in West Virginia “in response to weaker...
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While Peabody Energy Corp. (NYSE: BTU) and ArcelorMittal (NYSE: MT) haven’t been pursuing Australia’s Macarthur Coal Ltd. (OTC: MACDF) for more than a few months, the deal never really looked...
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Coal company stock prices hit a five-year high in the summer of 2008, just before the Lehman Brothers bankruptcy sent the entire global economy into a tailspin. Five-year lows hit most companies...
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The world’s largest mining company, BHP Billiton plc (NYSE: BHP) reported an increase in profits of 86% and a revenue increase of 36% for its 2011 fiscal year ended June 30th. But the company is...
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Ever since the iron ore miners forced customers to accept quarterly price changes, the price for seaborne iron ore has more than doubled. China, the largest consumer of iron ore, resisted for a while...
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