Investors say shares of coal and natural gas companies, and medical device makers, have not yet fully priced in the Republican blowout in the election.» Read More
Arch Coal rose$. 20 or 11.6 percent, to $1.92. Consol Energy Inc. rose$. 89 or 2.5 percent, to $36.10. Peabody Energy rose$. 44 or 5.3 percent, to $8.68.
Arch Coal rose$. 16 or 9.3 percent, to $1.88. Consol Energy Inc. rose$. 51 or 1.4 percent, to $35.72. Peabody Energy rose$. 23 or 2.8 percent, to $8.47.
Arch Coal rose$. 06 or 3.5 percent, to $1.78. Consol Energy Inc. rose$. 66 or 1.9 percent, to $35.87. Peabody Energy rose$. 31 or 3.8 percent, to $8.55.
Arch Coal fell$. 21 or 10.9 percent, to $1.72. Consol Energy Inc. fell $1.59 or 4.3 percent, to $35.21. Peabody Energy fell$. 65 or 7.3 percent, to $8.24.
Arch Coal fell$. 16 or 8.0 percent, to $1.78. Consol Energy Inc. fell $1.28 or 3.5 percent, to $35.52. Peabody Energy fell$. 48 or 5.4 percent, to $8.41.
Arch Coal fell$. 08 or 4.1 percent, to $1.85. Consol Energy Inc. fell$. 54 or 1.5 percent, to $36.26. Peabody Energy fell$. 15 or 1.7 percent, to $8.74.
*Walter Energy's Q3 cash burn rate high- analysts. *Alpha Natural shares slide 6 pct, Walter Energy down 13 pct. Oct 30- Higher-than-expected spending levels at U.S. coal miners Walter Energy Inc and Alpha Natural Resources Inc, struggling to stem their losses, worried investors enough to dump their stock.
Oct 30- Coal miner Walter Energy Inc reported a smaller-than-expected loss in the third quarter as its cost cutting efforts paid off, sending the company's shares up 9 percent premarket. "In the challenging pricing environment for met coal, we remain focused on lowering production costs, reducing SG&A and improving productivity," Walter Energy's Chief...
Oct 28- Arch Coal Inc reported a better-than-expected quarterly revenue, helped by higher average sales price, sending the company's shares up as much as 7.3 percent before the bell. Arch Coal said it sold about 35.1 million tons of coal in the quarter, down about 2 million tons from a year earlier. Arch Coal said it expected its western thermal operations,...
Oct 28- Arch Coal Inc reported a 6.2 percent drop in quarterly revenue as coal sales dropped by about 2 million tons. Revenue fell to $742.2 million in the third quarter ended Sept. 30, from $791.3 million a year earlier. However, the company's net loss narrowed to $97.2 million, or 46 cents per share, from $128.4 million, or 61 cents per share.
But a Reuters investigation found in 2012 that coal companies were using affiliated brokers to settle royalty payments on exports to Asia at much lower domestic prices. The findings prompted Senator Ron Wyden, a Democrat from Oregon, to call on the U.S. Interior Department early last year to investigate the practice. While that review continues, the U.S. Office...
Oct 17- Cliffs Natural Resources Inc said it would write down the value of its coal and iron ore assets by $6 billion due to weak prices, putting it in breach of debt covenants and sending its shares down as much as 6.8 percent. We believe this will result in higher interest rate on revolver borrowings going forward, " FBR Capital Markets analysts wrote in a note.
Aug 6- Alpha Natural Resources Inc reported a smaller-than-expected second-quarter loss as the cost of selling coal in eastern United States declined 6 percent from the first quarter.
Arch Coal, like other U.S. miners, is struggling with dismally low coal prices and has been trying to cut costs and lower production of low-margin metallurgical, or steel-making, coal. Last week, Arch Coal said it would idle its Cumberland River coal complex in Kentucky and Virginia, lowering its full-year metallurgical coal volumes by about 200,000 tons.
July 22- Coal miner Peabody Energy Corp reported a smaller-than-expected quarterly loss, helped by stronger price realizations in the United States and higher sales volumes in Australia.
June 24- Coal miners and power companies are both suffering as railroads struggle to clear a backlog of coal stuck in the Powder River Basin in Wyoming and Montana after the harshest winter in over a decade.
June 24- Coal miners such as Cloud Peak Energy Inc and Arch Coal Inc in the Wyoming basin are having to wait to ship out coal as crude and grains crowd the railroads. The delays are also forcing utilities to switch to more expensive natural gas.
Take a look at some of Monday's midday movers:
The U.S. power sector must cut carbon dioxide emissions 30 percent by 2030 from 2005 levels, according to federal regulations unveiled on Monday.
Some of Wednesday's midday movers: