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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 and CRT Capital...
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US coal miners exported 107 million tons of coal in 2011, most of it to Asia. That’s nearly double total US coal exports just five years earlier, and the shipments brought in about $16 billion in...
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Source: ThinkstockIf there is one great American industry that has been left for dead, it is the U.S. coal industry. With every possible battle to fight from pollution and environmental concerns to...
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Two small-cap steel companies reported earnings before the market opened today. Insteel Industries (NASDAQ:IIIN) beat analysts’ estimates of $0.60 EPS on $101 million in revenue, posting EPS of...
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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: ACI) up slightly, James...
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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 also said...
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The new mantra creating a deflating speculative bubble is taking a new twist. Even before Ospraie blew out its fund (and now after) there have been more rumors about commodity-related funds or...
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CONSOL Energy (NYSE:CNX) announced a dramatic change in its guidance for the third quarter. Production is expected reach just 15 million tons, well below even the low estimate of 16.4 million tons in...
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US coal miners had a tough fourth quarter and most are expecting the same conditions for at least the first half of 2012. Alpha Natural Resources Inc. (NYSE: ANR), Patriot Coal Co. (NYSE: PCX), and...
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Canadian miner Teck Cominco (NYSE:TCK) is changing its name to Teck Resources, and the company intends to build its brand just on the name Teck. The new name takes effect legally in April 2009. In...
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Last August, the US Environmental Protection Agency (EPA) ruled that a proposed coal-fired power plant in Utah did not need to file for a clean-air permit because the emissions from the plant were...
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Source: Jon OggEach morning 24/7 Wall St. tracks the wide number of analyst upgrades and downgrades that come out from Wall Street analysts. After looking back through these reports, many calls...
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Credit rating agency Standard & Poor’s has put coal miner Arch Coal Inc. (NYSE: ACI) on CreditWatch with negative implications, threatening a one-notch downgrade to the company’s current...
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