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 ...Read Full Story »
Posted: January 23, 2013 at 10:14 am
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 ...Posted: December 17, 2012 at 8:38 am
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 ...Posted: November 7, 2012 at 8:10 am
Election Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last ...Posted: November 6, 2012 at 12:29 pm
On the day that the Presidential election is happening, investors are throwing money into the inflation winners. The problem is that maybe this is not an inflation trade. Maybe it ...Posted: October 24, 2012 at 1:20 pm
Earlier this week, CSX Corp. (NYSE: CSX) reported quarterly results that were more or less in line with estimates, but the mix of shipments was not what the railroader was ...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 ...Posted: October 5, 2012 at 1:33 pm
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 ...Posted: September 24, 2012 at 12:31 pm
The coal sector may not yet have found a bottom, or at least the prior gains from the bottom may be short-lived. That is the word from Bank of America/Merrill ...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 ...Posted: September 10, 2012 at 11:22 am
Energy stocks today exhibit all the signs of a market reacting to news that is difficult to categorize easily. First there is the $6 billion in acquisitions announced this morning ...Posted: July 30, 2012 at 11:24 am
It was just on Friday that we signaled that the Arch Coal Inc. (NYSE: ACI) share price reaction to its earnings report may have marked a bottom in the coal ...Posted: July 27, 2012 at 8:59 am
Arch Coal Inc. (NYSE: ACI) is getting a huge boost after its earnings, and we would look for secondary and tertiary moves in the coal sector based upon this report. ...Posted: July 9, 2012 at 3:45 pm
Patriot Coal Corporation (NYSE: PCX) was halted on a major downside move. Bloomberg has reported that a bankruptcy filing is said to be coming as soon as today. The headlines ...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 ...Posted: June 7, 2012 at 4:39 pm
It was good news on the surface that China decided to cut its overnight interest rates. We have not seen this since during the great recession and most expected China to ...