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Posts related to ‘BTU’

Bull and Bear

Eleven Must-Read Weekend Stock Stories for Monday

24/7 Wall St. has tracked many stocks on the move in the last week. Now it is the weekend and this can be considered your weekend cheat sheet for the ...
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coal train

Coal Stocks Rise on Alpha Natural Results (ANR, BTU, ACI, CNX, JRCC, WLT, CLD)

Alpha Natural Resources Inc. (NYSE: ANR) reported quarterly and full-year results this morning and managed to flop over a very low bar. The adjusted earnings per share (EPS) loss for ...
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Coal stack on white

Coal Miners Follow Arch Down the Shaft (ACI, BTU, CNX, ANR, JRCC, WLT, CLD)

Shares of Arch Coal Inc. (NYSE: ACI) have lost more than 9% this morning, following the company’s fourth-quarter earnings report. The coal mining firm reported an adjusted earnings per share ...
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coal train

Peabody Story Drags Coal Stocks Lower (BTU, ANR, ACI, CNX, JRCC, WLT, CLD)

Peabody Energy Corp. (NYSE: BTU) reported fourth quarter and full-year 2012 results yesterday that were objectively awful, but not bad in context. At least that’s what everyone thought yesterday when ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — January 29, 2013: Markets Shake Off Slow Start, Post Gains (STX, TSN, SBUX, ANF, CAT, YHOO, STX, STLD, BSX, DHI, F, BTU, PFE, VLO, AMZN, BRCM, RYL, RHI, ADT, LLL, PSX, NOC, SO, KERX, VMW, OCZ)

U.S. equity markets opened slightly lower this morning following not-much in the way of new data and a wait-and-see attitude until tomorrow’s meeting announcement from the FOMC, which began a ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — January 28, 2013: Markets Open Mixed, Close Nearly Flat (AKS, HEP, NWSA, FB, BBY, CAT, ROP, SIFY, BIIB, YHOO, STX, VMW, STLD, BSX, DHI, F, BTU, PFE, VLO, KERX, JOSB, HLF)

U.S. equity markets opened mixed this morning on relatively little new data. In Europe, Italian consumer confidence rose more than expected and Germany auctioned 12-month bills at a positive yield ...
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coal train

CSX Spells Trouble for Coal — or Does It?

CSX Corp. (NYSE: CSX) has some somber words for the U.S. coal sector, despite what has been a handy recovery in the share prices of many of the sector leaders. The ...
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Coal stack on white

Consol Coal Production Down, Gas Production Rising

Earlier this week, Consol Energy Inc. (NYSE: CNX) outlined its investment plans for 2013 and said it would focus more on natural gas production. Today the company released its fourth-quarter ...
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coal train

Coal Miner Switches Investment Focus to Natural Gas

On of the country’s largest coal miners, Consol Energy Inc. (NYSE: CNX) has outlined its investment plans for 2013, and the company expects to spend more on natural gas than ...
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Pouring molten steel

Mining, Steel Stocks Surging in Premarket

Now that the United States has dodged the fiscal cliff, investors are expecting at least a boomlet in manufacturing and production. That means more energy and more basic materials. Coal ...
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coal train

Coal Miner Says Sales to Exceed Guidance

Canadian mining firm Teck Resources Ltd. (NYSE: TCK) announced this morning that the company expects fourth quarter coal shipments to exceed its prior guidance of 6.2 million metric tons. The ...
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coal train

King Coal: Global Demand Continues to Grow

By 2017, coal consumption will nearly equal consumption of oil as the leading source of the world’s energy. The International Energy Agency (IEA) estimates that global coal consumption will reach ...
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coal train

Outlook 2013: The Case for a Coal Recovery

It is almost impossible to consider that troubles of such a magnitude could turn around in an instant, but that may actually be the case. We have taken a look ...
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coal train

Coal Stocks Rise on Peabody’s Warning

With about an hour and half to go before the markets close today, coals stocks are getting a boost from this morning’s announcement by Peabody Energy Corp. (NYSE: BTU) that ...
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Railroad

Canadian Pacific to Write Down $180 Million

Canadian Pacific Railway Ltd. (NYSE: CP) this morning announced that it will take a pretax, noncash fourth-quarter charge of $180 million related to its option to build an extension of ...
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