Take a look at some of Friday's midday movers:» Read More
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 Thursday's midday movers:
*Fourth-quarter revenue $1.74 bln vs est $1.77 bln. *Adjusted EPS $0.00 vs est loss of $0.10. Jan 30- Coal miner Peabody Energy Corp posted a steeper-than-expected 14 percent fall in quarterly revenue due to weak prices of metallurgical, or steelmaking, coal and a labor stoppage at two of its Australian mines.
Jan 30- Coal miner Peabody Energy Corp reported a smaller quarterly loss, mainly due to lower impairment charges and cost cuts. The company's net loss attributable to shareholders narrowed to $565.7 million, or $2.12 per share, in the fourth quarter ended Dec. 31, from $1.01 billion, or $3.78 per share, a year earlier. Revenue fell 14 percent to $1.74 billion.
Early in January, pros take a long hard look at the worst performing stocks from the previous year. What does Jim Cramer see?
Dec 17- Patriot Coal Corp said it would emerge from Chapter 11 bankruptcy on Wednesday, after months of wrangling with its unionized workforce and former parent Peabody Energy Corp over cost cuts. Patriot declared bankruptcy in July 2012, saying it needed to cut $150 million a year in employment costs to return to profit.
Peabody is on pace for its third consecutive annual loss. FMHR trader Jon Najarian thinks new power plants in India, as well a cheap price makes the stock a buy. Stephen Weiss says coal will be under pressure.
"We look for stressed sectors toward year end," Larry McDonald says.
*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.
Some of the names on the move ahead of the open.
*BlackBerry shares fall after company abandons sale, replaces CEO. NEW YORK, Nov 4- U.S. stock indexes were little changed on Monday in below-average trading volume, while shares of Blackberry plummeted to a 10- year low after the company replaced its CEO.
*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.
Dodge Dorland, Chairman & Chief Investment Officer at Landor & Fuest Capital Managers says that Facebook has cracked the mobile advertising formula, which will help Twitter's IPO.
Stocks are at record highs and Wall Street is getting feverishly bullish. What could possibly go wrong?
The "Fast Money" traders share their final trades of the day.
"This is a stock-picking market right now, and if you do it right there's a lot of money to be made," Rosecliff Capital's Mike Murphy says.
Take a look at some of Thursday's midday movers:
With Washington's debt battle over, markets will quickly shift focus to earnings and how much the government shutdown actually impacted the economy.