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Posts related to ‘WLT’

Just Loving Coal is Not Enough

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 ...
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Analyst Drops Coal and Steel in Favor of Aluminum (BTU, WLT, NUE, ANR, ACI, ATI, RS, KOL)

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 ...
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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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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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Arch Coal Shuts Down Appalachian Plants (ACI, PCX, ANR, BTU, JRCC, CNX, WLT, CLD)

Posted: June 22, 2012 at 9:32 am

More bad news last night from the coal miners. Arch Coal Inc. (NYSE: ACI) announced that it would fire approximately 750 full-time employees and close 3 of its “higher-cost” thermal ...
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Patriot Coal Falls Again (PCX, ACI, JRCC, ANR, BTU, WLT, CLD)

Posted: June 13, 2012 at 2:22 pm

Shares of Patriot Coal Corp. (NYSE: PCX) are dropping like a rock again today on no specific news. Other coal miners are faring somewhat better, with Arch Coal Inc. (NYSE: ...
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More Coal Operations Shuttered (ANR, ACI, BTU, PCX, JRCC, WLT, CLD)

Posted: June 8, 2012 at 10:42 am

Appalachian coal miner Alpha Natural Resources Inc. (NYSE: ANR) announced this morning that it will close four mines and halt work at two coal preparation plants in Kentucky. The company ...
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Coal Stocks: The New Solar Sector or a Value Choice? (BTU, CNX, WLT, ANR, ACI, JRCC, PCX, CLD, KOL)

Posted: June 1, 2012 at 11:54 am

Coal stocks are taking another hit today, although there has been a slight bounce in the late morning. Buyers must hold the opinion that the stocks have reached or nearly ...
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Coal Stocks Stumble Again (JRCC, PCX, CNX, ANR, ACI, WLT, BTU)

Posted: May 30, 2012 at 1:27 pm

US coal stocks are getting pummeled again today, with James River Coal Co. (NASDAQ: JRCC) and Patriot Coal Corp. (NYSE: PCX) leading the downturn. Downgrades to Patriot Coal from UBS ...
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Patriot Coal’s Starts Bloodbath for Coal Miners (PCX, BTU, ACI, CNX, ANR, JRCC, WLT, CLD, KOL)

Posted: May 22, 2012 at 1:24 pm

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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Patriot Coal Leads the Way to New Lows

Posted: May 15, 2012 at 1:28 pm

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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S&P Cuts Outlook on Coal Miner (CNX, ACI, ANR, WLT)

Posted: May 4, 2012 at 1:14 pm

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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Coal Miner Lowers Profit Outlook (WLT)

Posted: March 26, 2012 at 12:50 pm

Coal miner Walter Energy Inc. (NYSE: WLT) this morning lowered its revenue and profit forecasts for the current quarter, but, in a bit of an odd turn, maintained its ...
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Coal Stocks Lifted on Rumor of Buyout (WLT, BRK-A, BRK-B, BHP, AAUKY, ANR, BTU, PCX, KOL)

Posted: March 16, 2012 at 2:29 pm

British newspaper The Guardian has a blog post saying there is speculation that US coal miner Walter Energy Inc. (NYSE: WLT) could be a ripe for a takeover fight among ...
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