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 ... Read Full Story »
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 ... Read Full Story »
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 ... Read Full Story »
There’s nothing like an acquisition rumor to pump some life into an otherwise moribund stock. And when the company that’s the subject of the rumor is a coal miner, the ... Read Full Story »
U.S. equity markets opened lower this morning, but climbed out of their hole early with a boost from the strong showing on consumer sentiment. In Asia, China posted retail sales ... Read Full Story »
U.S. equity markets opened lower this morning as traders and investors tried to sort out their reactions to the re-election of President Obama. The initial reaction is that the U.S. ... Read Full Story »
The stock market is down Wednesday, with the Dow Jones Industrial Average down 1.68%, the Nasdaq down 1.80% and the S&P 500 down 1.72%. Despite this, trading volume was light, with ... Read Full Story »
James River Coal Co. (NASDAQ: JRCC) reported third-quarter 2012 earnings this morning. The mining company posted a net loss of $0.59 per share on revenues of $288.1 million. In the ... Read Full Story »
U.S. equity markets opened higher this morning as investors seemed to prefer a little risk trading on U.S. election day. Asian markets were cautious ahead of today’s elections, while in ... Read Full Story »
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 ... Read Full Story »
Following Governor Romney’s statement in Wednesday night’s presidential debate that, “I love coal,” coal stocks got a nice boost in yesterday’s trading, with shares rising nearly 12% at James River ... Read Full Story »
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 ... Read Full Story »
We noted earlier this morning that China’s National Development and Reform Commission has approved a plan to spend RMB1 trillion (about $158 billion) on infrastructure projects in an effort to ... Read Full Story »
The three major US stock indexes opened mixed this morning following a wealth of data on the Chinese economy. The short version is that the economy is slowing so much ... Read Full Story »
The three major US stock indexes opened lower this morning following on softness in European markets and a mixed close in the Asian markets. There has been little data for ... Read Full Story »