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Posts related to ‘CLD’

Coal stack on white

Earnings Surprise Brings Coal Sector Back into Focus

Posted: April 18, 2013 at 11:45 am

Shares of Peabody Energy Corp. (NYSE: BTU) rose as much as 3.2% this morning after the company posted first-quarter earnings that were considerably better than expected. Peabody’s earnings per share ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — February 14, 2013: Markets Punt Again Today (CL, NVDA, LMT, DELL, VZ, AMAT, CAR, CTL, CSCO, CLD, IPI, KGC, MET, NTAP, PXD, TRIP, Z, ANR, ABX, DTV, GM, PEP, CBS, GG, AEP, BKW, CPB, SJM, TOWR, HNZ, ANGI)

Posted: February 14, 2013 at 3:59 pm

U.S. equity markets opened lower this morning, dragged down by weak economic data from Europe. Germany, France, Italy, and Greece all reported worse-than-expected GDP contraction for the fourth quarter of ...
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coal train

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

Posted: February 14, 2013 at 11:00 am

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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Bull and Bear figures

24/7 Wall St. Closing Bell — February 13, 2013: Markets Get No Direction Today (CLWR, GE, GRPN, CLF, PM, RATE, BWLD, CLWR, RAX, CMCSA, DF, DE, TOT, AMAT, CAR, CTL, CSCO, CLD, IPI, KGC, MET, NTAP, PXD, TRIP, Z, ANR, ABX, DTV, PEP, RSOL, BBRY, PPHM)

Posted: February 13, 2013 at 4:06 pm

U.S. equity markets opened higher this morning following a closely watched report on U.S. retail sales came in about as expected (more coverage here). U.S. business inventories rose less than ...
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Coal stack on white

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

Posted: February 5, 2013 at 11:15 am

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)

Posted: January 30, 2013 at 1:35 pm

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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coal train

Coal Miner Switches Investment Focus to Natural Gas

Posted: January 14, 2013 at 1:27 pm

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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coal train

Coal Stocks Rise on Peabody’s Warning

Posted: December 14, 2012 at 2:46 pm

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

Posted: December 3, 2012 at 9:27 am

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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Peabody Energy’s Fortunes Rise

Posted: October 22, 2012 at 9:08 am

Peabody Energy Corp. (NYSE: BTU) reported third-quarter results before markets opened this morning. The coal mining company posted adjusted diluted earnings per share (EPS) of $0.51 on revenues of $2.06 ...
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Coal Stocks Get a Dose of Reality (ANR, BTU, WLT, ACI, JRCC, CNX, CLD, KOL)

Posted: October 12, 2012 at 11:42 am

As natural gas prices rise along with a forecast for a colder winter in the U.S., U.S. coal stocks have benefited from a burst of enthusiasm since early October. Share ...
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Rise in Coal Stocks Leads Energy Sector (JRCC, ANR, WLT, ACI, BTU, CNX, CLD, KOL)

Posted: September 14, 2012 at 11:09 am

Yesterday’s FOMC decision to provide more stimulus for the U.S. economy pushed stocks higher in every sector. The energy sector has done better than most as investors believe that economic ...
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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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