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Posts related to ‘ACI’

Patriot Coal’s Starts Bloodbath for Coal Miners (PCX, BTU, ACI, CNX, ANR, JRCC, WLT, CLD, KOL)

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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Coal, Natural Gas Reaching Price Parity (XOM, CHK, EOG, CNX, BTU, ANR, ACI)

Natural gas prices have been rising, getting to around $2.75/thousand cubic feet last week before falling back a little to around $2.69. At this level, coal once again enters the ...
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Patriot Coal Leads the Way to New Lows

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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Short Sellers Cast a Wide Net (ACI, XCO, SD, FST, XOM, DUK, AMD, SNY, PFE, NOK, BKS, SVU, PBI, DV, BPI)

The energy sector saw a lot of activity from short sellers in April, but other stocks saw some action as well. We’ve already covered some of the bigger names here ...
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24/7 Wall St. Closing Bell (AIG, COP, HSY, PSX, DMD, AOL, AGU, DTG, M, MPEL, TM, SODA, AMCX, MT, ESRX, MCP, JWN, NUAN, HNR, KSS, PEIX, CPWM, AMRS, ACI)

The major US stock indexes opened sharply lower again this morning as investors consider Greece’s commitment to the austerity measures it had previously agreed to. Renegotiating the deal seems out ...
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S&P Cuts Outlook on Coal Miner (CNX, ACI, ANR, WLT)

Ratings agency S&P has lowered its outlook on coal miner Consol Energy Corp. (NYSE: CNX) from ‘positive’ to ‘stable’, while maintaining a ‘BB’ junk rating on the company’s debt. Earlier ...
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Arch Coal Credit Downgrade (ACI)

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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24/7 Wall St. Closing Bell (WPI, AZN, ANF, SPWR, YGE, COST, MERU, ACI, VECO, PBY, ADM, CPO, AVP, DPZ, PFE, VLO, ABX, JDSU, MRO, FSLR, V, PFCB, DAL, CHK)

The major US stock indexes opened flat this morning but started to move higher following the better-than-expected ISM report on manufacturing (our coverage here). Construction spending in the US was ...
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Arch Coal’s Bad Results Could Get Worse (ACI, BTU, ANR, PCX, JRCC, CLD)

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 (TRP, DMD, ARII, CHK, KFT, DG, KALU, LDK, HUM, SNH, SOHU, ACI, ADM, RATE, BRCM, DPZ, ODP, PFE, SIRI, VLO, BKS, SUN, PAY)

The major US stock indexes opened slightly lower this morning and continued drifting lower all day. The Chicago PMI report got the day started on the wrong foot, showing a ...
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The Top Earnings Previews For The Week Ahead (NYX, ACI, ADM, BRCM, CHK, SIRI, VLO, AWK, NLY, CMCSA, FSLR, GRMN, HIG, MA, SYMC, V, WFM)

Earnings season is in full swing and the coming week is going to be extremely active with big earnings reports.  24/7 Wall St. has tried to preview several top earnings for ...
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S&P Puts Arch Coal on Negative Watch (ACI, PCX, JRCC, ANR, BTU)

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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Coal Mining Stocks: Easy Come, Easy Go (BTU, ACI, ANR, PCX, JRCC, CLD)

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)

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)

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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