ThinkstockPeabody Energy Corp. (NYSE: BTU) reported third-quarter 2013 results before markets opened Thursday morning. The coal miner’s adjusted diluted earnings per share (EPS) came to $0.05, on revenues of $1.8 billion. In…
Paul Ausick ThinkstockHow does upgrading the coal sector sound for a gutsy analyst call? That is exactly what we are seeing on Friday from Goldman Sachs, although the upgrades are not exactly universal in…
ThinkstockThe battered U.S. coal industry took another shot Friday as U.S. Environmental Protection Agency (EPA) chief Gina McCarthy announced proposed stricter clean air regulations in a speech at the National Press Club.…
ThinkstockJames River Coal Co. (NASDAQ: JRCC) has had a rough couple of years. Monday’s announcement that the company was cutting production and laying off 525 workers is just the latest installment of…
Paul Ausick ThinkstockCoal mining stocks have had a couple of bad years. Actually, since peaking in mid-2008, Central Appalachian thermal coal prices have dropped from more than $140 a ton to around $50 a…
Jon OggThis will be an interesting week for Wall Street analyst coverage as many traders, investors and analysts are out ahead of Labor Day. Still, we are seeing a surprising number of…
July 23, 2013: U.S. equity markets opened higher this morning, but only the DJIA was able to stay in positive territory throughout the day. There was little economic data out of Europe…
ThinkstockPeabody Energy Corp. (NYSE: BTU) reported second-quarter 2013 results before markets opened this morning. The coal miner posted adjusted diluted earnings per share (EPS) of $0.33 on revenues of $1.73 billion. In…
Paul Ausick July 22, 2013: U.S. equity markets opened mixed this morning with the DJIA dipping on a poor earnings report from McDonald’s Corp. (NYSE: MCD). There was no economic data release of note in…
ThinkstockSaying that coal company management has focused on the right levers — lengthening debt maturities, slashing discretionary capital spending, reducing marginal production, driving productivity and cost performance — Sterne Agee this morning…
ThinkstockCoal mining companies have had a miserable two years. Low-cost natural gas has clobbered demand for thermal coal to generate electricity, and the slow global economy has substantially slowed demand for metallurgical…
Paul Ausick Earnings season is still in overdrive. Many companies are meeting or just beating earnings expectations, but the bias has been toward coming in light on revenues. We have seen many corporate earnings…
thinkstockAs with any earnings season, the results that have come in so far for the first quarter of this year have been mixed. There have been some winners and some losers, and…
ThinkstockArch Coal Inc. (NYSE: ACI) reported first-quarter 2013 results before markets opened this morning. For the quarter, the coal miner posted an adjusted diluted earnings per share (EPS) loss of $0.34 on…
Paul Ausick U.S. equity markets opened slightly higher this morning following the report on U.S. jobless numbers (more coverage here). In Europe, the only data out today showed that U.K. retail sales fell 0.7%,…
