Some of Wednesday's midday movers:» Read More
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell 1.0 percent to $34.92 with 29,859,800 shares traded. Alcoa Inc. rose 3.8 percent to $13.00 with 47,961,300 shares traded.
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.
Some of the names on the move ahead of the open.
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.
WASHINGTON, March 5- Alpha Natural Resources Inc., one of the largest U.S. coal producers, has reached a consent decree to settle a complaint about pollution discharged by coal mines into Appalachian rivers and streams, federal authorities said on Wednesday.
WASHINGTON, March 5- Alpha Natural Resources Inc., one of the largest U.S. coal companies, and dozens of subsidiaries have reached a consent decree to settle a complaint about pollution from coal mines, federal authorities said on Wednesday.
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.
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Dec 16- Natural gas exploration and production company Rice Energy Inc filed with U.S. regulators on Monday to raise up to $800 million in an initial public offering of its common stock. The family-owned company is focused on Pennsylvania's Marcellus shale and Ohio's Utica shale.
BOSTON, Dec 9- Massachusetts on Monday announced a $265 million deal with Alpha Appalachia Holdings Inc to settle allegations that the coal miner artificially inflated its stock price by misrepresenting its safety record ahead of a deadly 2010 mine explosion.
Dec 9- Natural gas exploration and production company Rice Energy Inc said it had filed with U.S. regulators to go public. Reuters reported in October that the privately held company, founded by former BlackRock Inc portfolio manager Daniel Rice and his children, planned a stock offering that could value the company at up to $2.5 billion.
Thursday's midday movers
*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.
*Cuts 2013 capital budget to $260 mln- $290 mln from $275 mln- $325 mln. Alpha Natural, which mines both thermal coal used in power generation and metallurgical coal used in steel-making, cut its 2013 expenditure target to $260 million- $290 million from $275 million- $325 million.
Oct 31- U.S. coal miner Alpha Natural Resources Inc reported a wider quarterly loss, hurt by lower coal prices and shipments. Net loss widened to $458 million, or $2.07 per share, in the third quarter ended Sept. 30 from $46 million, or 21 cents per share, a year earlier. Revenue fell 25 percent to $1.20 billion.
Take a look at some of Thursday's midday movers:
Instead of making bank holdings more attractive, higher rates could spur withdrawals as customers find alternatives that are more generous.
For those who have forgotten the pain the market felt just two years ago, following is a list of companies who were badly hurt during summer 2011.