The world’s largest mining company, BHP Billiton plc (NYSE: BHP) reported an increase in profits of 86% and a revenue increase of 36% for its 2011 fiscal year ended June 30th. But…
The Federal Reserve to make a modest number of steps to keep the economy moving higher. (Reuters) Wall St. layoffs, already begun, will hurt morale as the industry tries to recover. (Reuters)…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AEGON N.V. (NYSE: AEG) maintained “Buy” but removed from Conviction Buy…
A Goldman Sachs analyst has raised the coal sector from ‘Neutral’ to ‘Attractive’ this morning. The big gainer was Patriot Coal Corp. (NYSE: PCX) which was raised from ‘neutral’ to Goldman’s Conviction…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Baker Hughes Inc. (NYSE: BHI) Reiterated Hold at Argus. Biogen Idec…
Arch Coal, Inc. (NYSE: ACI) has finally pulled the trigger on an acquisition that has probably been in the works for months. The coal miner has announced an all-cash acquisition of International…
First Solar (NASDAQ: FLSR) fell 7% on concerns that the US government’s financial support of renewable energy will falter. The federal government’s move toward austerity makes it likely that this threat to earnings and…
S&P 500 WEEK TOP 10 (11 MAR -17 MAR) Ticker Weekly Price Change (%) Close Price 17Mar11 Close Price 11Mar11 Market Cap($Mil) CONSOL Energy Inc. CNX 13.8 55.33 52.48 12517.7 Peabody Energy…
Japanese officials have confirmed 4,340 dead and 9,083 still missing as a result of the earthquake and tsunami that hit the country a week ago, according to London’s Daily Mail newspaper. Those…
Reports have been around or months that Alpha Natural Resources, Inc. (NYSE: ANR) would acquire Massey Energy Co. (NYSE: MEE). Other suitors were mentioned, but Alpha was always at the top of…
Douglas A. McIntyre Like demand for crude oil, demand for coal is being driven by China. The government’s recent decision to limit domestic production means that other coal miners will be sending more coal to…
The next round of earnings officially kicks off next week with Alcoa Inc. (NYSE: AA) first out of the blocks on Monday. We’re taking advantage of the occasion to preview some developments…
These are some of this Friday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Banco Santander S.A. (NYSE: STD) Raised to Overweight at HSBC. Broadcom Corporation (NASDAQ: BRCM)…
If you have any doubt about whether or not coal is yesterday’s fuel and renewables are tomorrows, two IPOs should point you at the right answer. Italy’s largest utility, Enel SpA, spun…
Jon C. Ogg Last April’s mine explosion at the Upper Big Branch mine killed 29 miners in the worst coal mining disaster in 40 years. Massey Energy Co. (NYSE: MEE), the mine’s owner, has taken…
