coal prices
coal prices Articles
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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ThinkstockThis week at 24/7 Wall St., we have taken an in-depth look at some of the top picks from the biggest firms on the street. Picks that top their “Conviction” “Focus” or “Key List”...
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ThinkstockNow that the United States has dodged the fiscal cliff, investors are expecting at least a boomlet in manufacturing and production. That means more energy and more basic materials. Coal and...
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ThinkstockCanadian mining firm Teck Resources Ltd. (NYSE: TCK) announced this morning that the company expects fourth quarter coal shipments to exceed its prior guidance of 6.2 million metric tons....
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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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Earlier this week, CSX Corp. (NYSE: CSX) reported quarterly results that were more or less in line with estimates, but the mix of shipments was not what the railroader was used to. Coal shipments...
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Coal miner Consol Energy Inc. (NYSE: CNX) this morning said that the company would report a net loss for the third quarter that ended on September 30. The company’s CFO said: While precise figures...
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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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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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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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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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Arch Coal Inc. (NYSE: ACI) is getting a huge boost after its earnings, and we would look for secondary and tertiary moves in the coal sector based upon this report. The coal giant reported a loss...
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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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Stocks are mixed today, with the Dow Jones Industrial Average is up 0.11%, the Nasdaq down 0.43% and the S&P 500 down 0.18% as of late morning. The big trading occurs on the losing side though....
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