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Posts related to ‘NYSE: CLD’

Coal Miners Face Years of Low Prices, Problems

Posted: July 16, 2012 at 9:23 am

Billionaire Wilbur Ross, who founded International Coal Group in 2005 and sold the company to Arch Coal Inc. (NYSE: ACI) last year for $3.4 billion, told Bloomberg News that current ...
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Patriot Coal Rides the Rocket Again — Short Covering?

Posted: July 5, 2012 at 12:11 pm

Coal miner Patriot Coal Corp. (NYSE: PCX) continues to skyrocket again today, taking up where it left off on Tuesday when the shares gained more than 32%. The stock is ...
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Coal Stands to Lose Even More Following Court Ruling (PCX, ANR, ACI, BTU, JRCC, WLT, CNX, CLD, KOL)

Posted: June 27, 2012 at 7:39 am

An appeals court in the District of Columbia has ruled that the US Environmental Protection Agency was “unambiguously correct” in taking steps to set limits on greenhouse gas emissions. The ...
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Arch Coal Shuts Down Appalachian Plants (ACI, PCX, ANR, BTU, JRCC, CNX, WLT, CLD)

Posted: June 22, 2012 at 9:32 am

More bad news last night from the coal miners. Arch Coal Inc. (NYSE: ACI) announced that it would fire approximately 750 full-time employees and close 3 of its “higher-cost” thermal ...
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Patriot Coal Falls Again (PCX, ACI, JRCC, ANR, BTU, WLT, CLD)

Posted: June 13, 2012 at 2:22 pm

Shares of Patriot Coal Corp. (NYSE: PCX) are dropping like a rock again today on no specific news. Other coal miners are faring somewhat better, with Arch Coal Inc. (NYSE: ...
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More Coal Operations Shuttered (ANR, ACI, BTU, PCX, JRCC, WLT, CLD)

Posted: June 8, 2012 at 10:42 am

Appalachian coal miner Alpha Natural Resources Inc. (NYSE: ANR) announced this morning that it will close four mines and halt work at two coal preparation plants in Kentucky. The company ...
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Coal Stocks: The New Solar Sector or a Value Choice? (BTU, CNX, WLT, ANR, ACI, JRCC, PCX, CLD, KOL)

Posted: June 1, 2012 at 11:54 am

Coal stocks are taking another hit today, although there has been a slight bounce in the late morning. Buyers must hold the opinion that the stocks have reached or nearly ...
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Patriot Coal’s Starts Bloodbath for Coal Miners (PCX, BTU, ACI, CNX, ANR, JRCC, WLT, CLD, KOL)

Posted: May 22, 2012 at 1:24 pm

Shares of Patriot Coal Corp. (NYSE: PCX) are in freefall this afternoon on a report from Debtwire that the company is seeking a firm to help with its restructuring. The ...
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Patriot Coal Leads the Way to New Lows

Posted: May 15, 2012 at 1:28 pm

Today’s not a good day to be in the coal business. Miner Patriot Coal Corp. (NYSE: PCX) announced this morning that it was lowering both shipment and price forecasts for ...
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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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24/7 Wall St. Closing Bell (AAPL, NOK, VMW, EIX, CLD, GOOG, JPM, WFC, IGTE, C, INTC, MSFT, GTIM, INFY, TLB)

Posted: April 13, 2012 at 4:08 pm

Markets opened lower this morning and by mid-morning equities were trading down about -1% across the board, where they have mostly remained for the rest of the day. Worries about ...
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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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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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