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Peabody Energy Corp

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  • Arch Coal reports smaller loss, suspends dividend Tuesday, 3 Feb 2015 | 8:06 AM ET

    Feb 3- U.S. miner Arch Coal Inc reported a smaller quarterly loss, but suspended its annual dividend, citing weak coal prices. Peabody Energy Corp, the largest U.S. coal miner, slashed its quarterly dividend last week on expectations that prices of natural gas would stay low in 2015, keeping a lid on demand for coal. Arch Coal's net loss shrank to $240.1 million, or...

  • *India needs to boost output or imports to meet demand. NEW DELHI/ MELBOURNE, Feb 3- India's plans to attract badly needed foreign investment and technology to its coal sector are getting a cool response from some miners and trading houses, even though the country is one of the few bright spots for global coal demand. But even with India on track to overtake the United...

  • Jan 27- Coal miner Peabody Energy Corp slashed its quarterly dividend as it strives to rein in costs amid tepid demand, due to expectations that prices of natural gas, a cheaper alternative to steam coal, would remain weak in 2015.. The miner cut its quarterly dividend by 97 percent to 0.25 cents per share from 8.5 cents, sending its stock plunging as much as 9 percent...

  • Jan 27- Coal miner Peabody Energy Corp said it expected demand in the United States to decline in 2015, mainly due to lower natural gas prices. Peabody said it would pay a quarterly dividend of 0.25 cents per share, way below the 8.5 cents per share it paid in November. The company, which has mining operations in the United States and Australia, forecast U.S. coal...

  • Jan 27- Coal miner Peabody Energy Corp reported a smaller quarterly loss, helped by lower operating costs in Australia and the United States. The company's net loss attributable to common stockholders narrowed to $514.6 million, or $1.92 per share, in the fourth quarter ended Dec. 31, from $565.7 million, or $2.12 cents per share, a year earlier.

  • *Markets on track for positive week, indexes near records. NEW YORK, Dec 26- U.S. stock index futures edged higher on Friday, putting major indexes on track for a second straight weekly advance, though moves were likely to be slight with few market catalysts and many traders extending their Christmas holiday. *Wall Street has rallied of late, with both the Dow and S&P...

  • U.S. plans to shut royalty loophole on coal exports Friday, 19 Dec 2014 | 11:30 AM ET

    WASHINGTON, Dec 19- U.S. coal companies will no longer be able to settle royalties at low domestic prices when they make lucrative sales to Asia according to reforms proposed by the Interior Department on Friday. "Coal produced on public lands is an important part of our domestic energy portfolio, but we have an obligation- and we are fully committed- to ensure that...

  • 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...

  • Lightning Round: The integral stock to Apple Wednesday, 12 Nov 2014 | 7:28 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • What to buy now on the Republican takeover Wednesday, 5 Nov 2014 | 12:23 PM ET

    Investors say shares of coal and natural gas companies, and medical device makers, have not yet fully priced in the Republican blowout in the election.

  • Traders on the floor of the New York Stock Exchange.

    A portfolio of stocks with Republican pure plays reveals GOP may gain a lot this election round.

  • *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...

  • Cramer Remix: Keep your Twitter #criticism Monday, 27 Oct 2014 | 7:15 PM ET

    Oil traded down during the day, and Twitter traded down after hours. Here’s what Mad Money host Jim Cramer thinks happens next

  • Lightning Round: Cramer wants you to own this Monday, 27 Oct 2014 | 6:48 PM ET
    Mad Money Lightning Round

    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...

  • Peabody posts quarterly loss as coal prices fall Monday, 20 Oct 2014 | 8:23 AM ET

    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.

  • Short sellers are moving in...and cleaning up Friday, 17 Oct 2014 | 6:10 AM ET
    NYSE New York Stock Exchange traders markets

    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...