Some of Wednesday's midday movers:» Read More
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..
*Tiffany& Co rises after results, JA Solar falls. NEW YORK, Nov 26- U.S. stock index futures were little changed on Tuesday, as investors looked ahead to upcoming economic data to see whether the recent equity rally has been justified.
*Coal companies could advance after Macquarie comments. NEW YORK, Nov 26- U.S. stock index futures were little changed on Tuesday, as investors looked ahead to upcoming economic data to see whether the recent equity rally has been justified. *Wall Street has soared this year, with major indexes hitting repeated all-time highs.
*Cuts 2013 capital budget to $260 mln- $290 mln from $275 mln- $325 mln. Oct 31- Alpha Natural Resources Inc joined rival Arch Coal Inc in forecasting lower mining costs for the year as it reins in spending to cope with weak coal prices.
Oct 30- Coal miner Walter Energy Inc said prices on steel-making coal are improving and will continue to firm next year due to strong demand in Asia, sending its shares up 3.3 percent despite a larger-than-expected quarterly loss. However, Walter Energy Chief Executive Walt Scheller said prices were showing sustainable improvement.
Oct 30- Coal miner Walter Energy Inc reported a bigger-than-expected quarterly adjusted loss due to weak prices of steel-making coal, its main product. However, Walter Energy Chief Executive Walt Scheller said prices were beginning to improve. Walter Energy reported a net loss of $100.7 million, or $1.61 per share, for the third quarter ended Sept. 30.
Oct 29- U.S. coal miner Arch Coal Inc on Tuesday reported disappointing third-quarter results and cut its production outlook for steelmaking coal for the second time this year while rival CONSOL Energy Inc reported earnings that slightly topped estimates due to strict cost controls.
Oct 29- Arch Coal Inc said costs for the full year would be lower than its expectations after posting a smaller-than-expected quarterly loss as lower expenses helped blunt weak prices for coal. The company expects full-year average cash costs of $10.40- $10.60 per ton for its Powder River Basin operations, lower than $10.45- $10.85 it forecast earlier.
*Patriot also reaches settlement with Arch Coal. Oct 10- Patriot Coal Corp said it settled all health and pension-related claims against Peabody Energy Corp in exchange for key funding, which would help the company emerge out of chapter 11 bankruptcy by the end of the year.
*Coal, elec utilities see evidence of Obama's "war on coal". *Industry also jittery over further EPA rules due in 2014. The rules, a revision of a previous attempt by the EPA to create emissions standards for fossil fuel plants, are the first step in President Barack Obama's climate change package, announced in June.
The rules, which are a revision of a previous attempt by the EPA to create emissions standards for fossil fuel plants, are the first salvo in President Barack Obama's climate change package, announced in June.
NEW YORK, Sept 13- U.S. stocks rose on Friday and the Dow registered its best weekly gain since January, helped by gains in Intel, though trading was subdued as the Federal Reserve is expected to scale back its stimulus measures next week. After that, the average will add Goldman Sachs, Nike and Visa, replacing Alcoa, Bank of America and Hewlett-Packard.
*Coal stocks fall ahead of new emission standards. "The market is up slightly today but everybody seems to be worried about what the tapering is going to be," said Brian Amidei, managing director at HighTower Advisors in Palm Desert, California.
*Coal stocks fall ahead of new emission standards. *U.S., Russia to push for new Syria peace talks. The S&P is nearing resistance at 1,700 and will remain range-bound until the Fed meeting, ongoing U.S.- Russia talks on Syria and a looming fiscal crisis in Washington are resolved, said Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis.
**LAKELAND INDUSTRIES INC, $5.70, up 37 pct. The safety gear retailer's second-quarter earnings more than doubled to $4.2 million, or 74 cents per share, helped by higher revenue from the United States and China and lower operating expenses.
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