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Posts related to ‘NYSE: PCX’

24/7 Wall St. Closing Bell — July 10, 2012: Market Declines on Weak Profits, More Warnings

Posted: July 10, 2012 at 4:08 pm

The three major US stock indexes opened higher this morning on reports of a new bailout for Spanish banks and a 24-basis point drop on 10-year Spanish bond yields (our ...
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24/7 Wall St. Closing Bell — July 5, 2012: No Fireworks Today as Market Wavers

Posted: July 5, 2012 at 4:04 pm

The three major US stock indexes opened lower this morning even though China’s central bank lowered interest rates (our coverage here), the Bank of England boosted its asset purchase program ...
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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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24/7 Wall St. Closing Bell — July 3, 2012: Modest Gains Before Fireworks Go Off

Posted: July 3, 2012 at 1:06 pm

The three major US stock indexes opened roughly flat this morning as European markets traded in advance of an expected cut in interest rates by the European Central Bank later ...
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Coal Stocks Soar — Good News from Europe, Not China!

Posted: July 3, 2012 at 12:29 pm

Shares of Patriot Coal Corp. (NYSE: PCX) are up nearly 30% today and other coal companies are tagging along. James River Coal Co. (NASDAQ: JRCC) is up almost 9.5%, Arch ...
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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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24/7 Wall St. Closing Bell — June 22, 2012 (FB, GLW, KMB, ONXX, JEF, DRI, CCL, APOL, SNX, HNR, ARNA, PCX)

Posted: June 22, 2012 at 4:04 pm

The three major US stock indexes opened higher this morning as markets treated the Moody’s downgrade of 15 major banks as old news that was already baked into share prices ...
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S&P Drops Patriot Coal from MidCap 400 Index (MHP, PCX, ALEX, MNST, SLE)

Posted: June 22, 2012 at 11:45 am

Standard & Poor’s Indices, a division of the McGraw-Hill Companies (NYSE: MHP), has announced changes to two stock indexes that are scheduled to occur next week. Patriot Coal Corp. (NYSE: ...
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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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24/7 Wall St. Closing Bell — June 21, 2012 (CIM, FB, TJX, UA, WFM, BBBY, MU, RHT, KMX, CAG, DRI, CCL, CHK, ONXX, PCX)

Posted: June 21, 2012 at 4:06 pm

The three major US stock indexes opened mixed this morning as markets reacted to weak PMI reports from both Germany and China (more coverage here). A flash reading on US ...
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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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24/7 Wall St. Closing Bell — June 8, 2012 (CSCO, SD, QCOM, KMI, LEN, XIDE, PNY, FGP, KMGB, FNSR, KORS, FDS, KFY, KR, PIR, WGO, PCX, ANR, NOK, NAV, CHK)

Posted: June 8, 2012 at 4:11 pm

The three major US stock indexes opened lower this morning as investors wait for weekend data on Chinese trade and industrial production. The drop in US unemployment benefits claims didn’t ...
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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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Coal Stocks Stumble Again (JRCC, PCX, CNX, ANR, ACI, WLT, BTU)

Posted: May 30, 2012 at 1:27 pm

US coal stocks are getting pummeled again today, with James River Coal Co. (NASDAQ: JRCC) and Patriot Coal Corp. (NYSE: PCX) leading the downturn. Downgrades to Patriot Coal from UBS ...
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