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Posts related to ‘Metals’

Arch Coal Credit Downgrade (ACI)

Posted: May 2, 2012 at 2:56 pm

Another shoe dropped for Arch Coal Inc. (NYSE: ACI) today as Fitch Ratings has lowered the company’s credit rating to ‘B+’, four notches below investment grade. The rating follows yesterday’s ...
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Arch Coal’s Bad Results Could Get Worse (ACI, BTU, ANR, PCX, JRCC, CLD)

Posted: May 1, 2012 at 11:39 am

No one was expecting much from Arch Coal Inc. (NYSE: ACI) when it reported first-quarter results this morning. And that’s just what investors got. The company reported an adjusted EPS ...
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America’s Continuing Love Affair with Gold

Posted: April 30, 2012 at 6:36 am

The price of gold may be down this year, but over the past three it has nearly doubled. No wonder many Americans think it is a good investment. A large number think ...
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S&P Puts Arch Coal on Negative Watch (ACI, PCX, JRCC, ANR, BTU)

Posted: April 25, 2012 at 11:52 am

Credit rating agency Standard & Poor’s has put coal miner Arch Coal Inc. (NYSE: ACI) on CreditWatch with negative implications, threatening a one-notch downgrade to the company’s current ‘junk’ rating ...
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Copper Miners Looking at a Tough Year (FCX, RIO, SCCO, BHP)

Posted: April 19, 2012 at 9:54 am

From a high of around $4.60/pound in February of 2011, copper prices have fallen around $3.60/pound today, which is actually better than the price of around $3.40/pound at the beginning ...
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Coal Mining Stocks: Easy Come, Easy Go (BTU, ACI, ANR, PCX, JRCC, CLD)

Posted: April 13, 2012 at 12:38 pm

Just yesterday we noted that coal stocks were getting a nice boost based on the expectation that the stocks had just about hit bottom. One day does not a trend ...
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Peabody’s Australian Coal Mine Attracting Thai Interest (BTU)

Posted: April 13, 2012 at 7:39 am

When the largest coal company in the US, Peabody Energy Corp. (NYSE: BTU) paid about $5 billion for Australia’s MacArthur Coal last year, it basically committed itself to Australia’s Bowen ...
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Coal Stocks Jumping Today (BTU, ACI, ANR, PCX, JRCC, CLD)

Posted: April 12, 2012 at 1:51 pm

Coal prices are getting a nice bump today after a long slide. Peabody Energy Corp. (NYSE: BTU), Arch Coal Inc. (NYSE: ACI), Alpha Natural Resources Inc. (NYSE: ANR), Patriot Coal ...
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Coal Exports Rose, But Low Domestic Prices Hurt (BTU, ACI, ANR, CLD)

Posted: April 11, 2012 at 10:24 am

US coal miners exported 107 million tons of coal in 2011, most of it to Asia. That’s nearly double total US coal exports just five years earlier, and the shipments ...
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Billiton Closes Australian Coal Mine (BHP)

Posted: April 11, 2012 at 7:16 am

BHP Billiton plc (NYSE: BHP) today announced the closing of its Norwich Park metallurgical coal mine in Queensland. The mine is one of six owned and operated by a 50/50 ...
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Alcoa’s Big Positive Surprise (AA)

Posted: April 10, 2012 at 4:18 pm

Alcoa, Inc. (NYSE: AA) has managed to pull a rabbit out of its hat and it is the good kind.  The aluminum giant and DJIA component just reported earnings of ...
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Alcoa To Set Tone Of Earnings Season… Beware? (AA)

Posted: April 10, 2012 at 2:09 pm

Alcoa, Inc. (NYSE: AA) is set to report earnings after the close on Tuesday and this will both be the first DJIA component to report earnings and it may set ...
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How Bad are Coal Stocks? (JRCC, ACI, ANR, BTU, PCX, CNX)

Posted: April 9, 2012 at 11:24 am

Concerns about the global economic recovery and the ability of emerging markets, especially China, to keep growing are affecting prices for many commodities, including coal. Adding to coal’s problem is ...
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Much Higher Rare Earths Reserves (MCP)

Posted: April 9, 2012 at 9:00 am

Molycorp, Inc. (NYSE: MCP) may have sold off in recent days but there is some better news for the long-term outlook of this company's business prospects pertaining to rare earth ...
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Q1-2012 Earnings Season Outlook, Lowered Expectations (AA, SNDK, CSCO, GE, JPM, WMT, LUV, IBM, T, VZ, BAC, MCD, AAPL)

Posted: April 5, 2012 at 11:00 am

Earnings season is almost upon us for the first quarter of 2012.  There is some growing caution over company expectations on the heels of a massive rally where the DJIA ...
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