Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.» Read More
Arch Coal rose$. 08 or 4.9 percent, to $1.70. Consol Energy Inc. fell$. 26 or. 8 percent, to $33.69. Peabody Energy rose$. 42 or 5.8 percent, to $7.70.
Arch Coal rose$. 07 or 4.3 percent, to $1.69. Consol Energy Inc. rose$. 17 or. 5 percent, to $34.12. Peabody Energy rose$. 62 or 8.5 percent, to $7.90.
Arch Coal rose$. 11 or 6.8 percent, to $1.73. Consol Energy Inc. rose$. 21 or. 6 percent, to $34.16. Peabody Energy rose$. 40 or 5.5 percent, to $7.68.
LAUNCESTON, Australia, Dec 11- If you were looking for a sign that coal prices have finally bottomed out, then the ramping up of merger and acquisition activity is often a good indicator. In the past few days, a flurry of announcements have hit the headlines, including Anglo American's proposed sale of coal assets in Australia and South Africa, and Peabody Energy and...
*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...
Oil traded down during the day, and Twitter traded down after hours. Here’s what Mad Money host Jim Cramer thinks happens next
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
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 20- Coal miner Peabody Energy Corp reported a much lower-than-expected quarterly loss as it controlled costs in Australia amid falling prices. Coal miners are struggling from a drop in demand for steel-making coal and a rail jam in the United States which hampers their efforts to ride on a recovery in thermal coal demand. Cliffs Natural Resources Inc said...
Oct 20- Coal miner Peabody Energy Corp reported a quarterly loss, compared with a profit a year earlier, hurt by lower prices. The company's reported net loss from continuing operations of $154 million in the quarter ended Sept. 30 compared with income of $24 million a year earlier. Revenue fell 4.4 percent to $1.72 billion.
The turmoil in global equity markets this week might have left traders moving to safe havens, but some savvy investors have been loading up on the short side of the trade.
You might hope for a sense of realism and practical moves to address the issues, but instead the World Coal Conference in Copenhagen this week was characterised by what seemed like a state of denial. Spot thermal coal at Australia's Newcastle port fell to $64.92 a tonne in the week ended Oct. 10, 1 cent higher than the previous week, which was the lowest since...
Stocks rose Thursday as investors continued to relish the Federal Reserve's renewed vow to keep rates low.
Some of Thursday's midday movers:
Some of the names on the move ahead of the open.
NEW YORK, Sept 11- U.S. stocks fell on Thursday, dropping in a broad decline that saw the number of companies hitting 52- week lows outnumber the companies hitting highs for the first time since early August.
*Dollar General raises Family Dollar bid. *Digital Ally shares extend rally. The S&P energy index fell 1.3 percent as the prospect of slowing demand for oil in China and Europe and concerns about an oversupply of oil brought Brent crude oil futures to their lowest price since May 31, 2013.
The crisis in eastern Ukraine has emboldened Europe and the United States to impose broad sanctions on Russia. But Europe finds itself in a precarious position, with almost a third of the natural gas the continent consumed in 2013 flowing from Russia, according to the U.S. Energy Information Administration.
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.