U.S. stocks plunged nearly 2 percent or more, with the Dow wiping out gains for the year on escalating tensions between Greece and its creditors.» Read More
Shares of Consol Energy Inc. rose 2 percent to $22.83; Alpha Natural Resources Inc. rose 4 percent to 34 cents; Peabody Energy Corp. and Arch Coal Inc. jumped 9 percent. Walter Energy Inc. spiked 23 percent to 24 cents. Utilities also picked up steam, with Southern Co. gaining 48 cents to $42.38, Duke Energy Corp. up 56 cents to $71.56 and NextEra Energy Inc. up 62...
Even though U.S. stocks are trading at a record price, certain areas of the market may be ready to drop. Here's what to sell.
NEW YORK, May 15- Top U.S. hedge fund managers made contrasting bets on energy companies in the first quarter, with Greenlight Capital's David Einhorn sticking with names pummeled by falling oil prices, while Hayman Capital's Kyle Bass bet on frackers, regulatory filings showed on Friday. Einhorn's $11 billion Greenlight Capital increased its stake in Consol...
There are 11 companies where analysts have boosted their profit forecasts for the second quarter, USA Today reports.
These S&P 500 stocks jumped 10% or more during April but still have 7% or more upside. USA TODAY reports.
Shares of these stocks have indeed edged out the S&P 500 over the past 12 months. USA Today reports.
April 28- Coal and natural gas producer Consol Energy Inc reported a 35 percent fall in quarterly profit, hurt by weak prices for both commodities. U.S. power companies shut or converted over 4,100 megawatts of coal-fired plants last year and are expected to stop burning coal at another 22,100 MW of plants in 2015, according to Thomson Reuters data.
April 28- Coal and natural gas producer Consol Energy Inc reported a 35 percent fall in quarterly profit, hurt by weak prices for both commodities. The company's net income from continuing operations fell to $79 million, or 34 cents per share, in the first quarter ended March 31, from $121.7 million, or 53 cents per share, a year earlier. The company said the profit...
Ten S&P 500 stocks have been looked down up upon by investors despite the potential to generate gains, USAT reports.
U.S. stocks closed mixed on Tuesday as investors digested the first of the major earnings reports and moderate economic data.
Hedge fund manager David Einhorn reiterated his belief in two existing positions at an investment conference Tuesday.
April 1- CNX Coal Resources LP, Consol Energy Inc's thermal coal business formed as a master limited partnership, filed for an initial public offering with U.S. regulators on Wednesday, as Consol shifts focus to boosting natural gas production. Coal miners have been weighed down by a switch by U.S. utilities to cheaper natural gas from power-generating coal, and...
April 1- CNX Coal Resources LP, Consol Energy Inc's thermal coal business formed as a master limited partnership, filed for an initial public offering with U.S. regulators on Wednesday. The filing had a nominal fundraising target of $250 million. The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees.
Jan 30- Consol Energy Inc said it hired advisers to evaluate a master limited partnership structure for its thermal coal business, as it shifts focus to boosting natural gas production. The company said it expected to invest $1 billion in its oil and natural gas business in 2015, compared with the $220 million in its coal business. Coal miners have been weighed...
Jan 30- Coal and natural gas producer Consol Energy Inc reported a nearly 50 percent fall in quarterly profit as exploration and production costs shot up. Net income from continuing operations fell to $73.7 million, or 32 cents per share, in the quarter ended Dec. 31, from $146.6 million, or 64 cents per share, a year earlier. Revenue rose 13 percent to $935.7 million.
Are coal stocks the ultimate energy value play, or should bottom-fishing stock pickers stay far away?
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Wednesday: Walgreen, Restoration Hardware, Wet Seal and more.
Companies making headlines before the bell Monday:
Greenlight Capital founder David Einhorn is tweaking his bets after losing money in a "frustrating" third quarter.