Investors are down on coal as institutions divest fossil fuel stocks and Obama gets tough on emissions. Maybe it's a good time to invest.» Read More
April 22- U.S. coal miner Arch Coal Inc said it expects to ship fewer tons of steel-making metallurgical coal this year as prices and demand remain weak, but signaled recovering demand for thermal coal, used in power generation. Shares of Arch Coal, which also reported a bigger-than-expected loss for the first quarter, were down 4 percent at $4.76 in early trading.
April 22- U.S. coal miner Arch Coal Inc said it expects to ship fewer tons of steel-making metallurgical coal this year after posting a bigger-than-expected quarterly loss due to lower prices and weak demand. Arch Coal, like other coal producers, is paring its assets.
Some of Wednesday's midday movers:
March 24- SouthGobi Resources Ltd, a Canadian coal miner with operations in Mongolia, said it could default on a debt repayment and was looking to raise money, sending its shares down as much as 29 percent in afternoon trading.
The EPA veto was issued after President Barack Obama, a Democrat, became president in 2009. Conservatives have accused Obama of waging a "war on coal," a reference to the administration's efforts to reduce greenhouse gas emissions, including those from coal-burning power plants.
WASHINGTON, March 24- The U.S. Supreme Court on Monday delivered a blow to Arch Coal Inc by declining to hear its challenge to an Obama administration decision to block an environmental permit for a coal mining project in West Virginia.
Some of Thursday's midday movers:
March 6- Mining equipment maker Joy Global Inc said demand from miners for maintenance work was returning after more than a year of delay when its main customers struggled with a coal glut and weak prices. Joy Global's shares rose as much as 5.4 percent in early trading after the company also raised the lower end of its 2014 profit forecast range.
March 6- Joy Global Inc reported a two-thirds drop in quarterly profit due to lower demand for mining equipment in the middle of a coal glut, but the company said maintenance revenue was rising as miners can no longer delay work on old equipment.
March 6- Joy Global Inc, a mining equipment maker, reported a 66 percent fall in quarterly profit as coal miners struggling with oversupply cut spending. Joy Global, which gets about two-thirds of its total revenue from coal miners, has cut costs to offset the impact of lower sales.
Feb 20- Coal miner Walter Energy Inc reported a smaller-than-expected fourth-quarter loss due to cost cuts, and forecast a slight improvement in demand for metallurgical, or steel-making, coal in 2014, sending its shares up 6 percent.
WASHINGTON, Feb 7- U.S. officials wrongly aided coal companies seeking federal land leases and accepted below-value bids in a flawed program costing taxpayers tens of millions of dollars, according to an independent review of the U.S. Interior Department.
WASHINGTON, Feb 7- U.S. officials wrongly advised coal companies when they leased federal land in a flawed program costing taxpayers millions of dollars, according to an independent review of the U.S. Interior Department.
Some of Wednesday's midday movers:
Feb 4- U.S. coal miner Arch Coal Inc reported a bigger-than-expected quarterly loss due to weak shipments and prices, but said markets for thermal coal, used to generate power, are improving. They soared 5 percent during a conference call with Wall Street analysts.
Feb 4- U.S. coal miner Arch Coal Inc reported a bigger-than-expected quarterly loss due to lower shipments and weak prices of both thermal and metallurgical coal. Arch Coal, whose shares fell 3.5 percent in premarket trading, said it expects to sell between 131.5 million and 142.5 million tons of coal in 2014..
Some of Tuesday's midday movers:
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Take a look at some of Wednesday's midday movers:
On Thursday pro investors couldn’t help but wonder if a 3% ten year would yield kill the rally. How should you play it?