PCX
PCX Articles
For today’s winners and losers, two of the four companies on the lists today are pharmaceutical companies, moving on action from drug regulators. One of them, Arena Pharmaceuticals, has seen its...
Published:
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 coal mines...
Published:
The three major US stock indexes opened mixed this morning as markets reacted to weak PMI reports from both Germany and China (more coverage here). A flash reading on US PMI was also at its lowest...
Published:
Last Updated:
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...
Published:
The three major US stock indexes opened lower this morning as investors wait for weekend data on Chinese trade and industrial production. The drop in US unemployment benefits claims didn’t spur...
Published:
Last Updated:
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...
Published:
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 just lower its reserve...
Published:
Last Updated:
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 reached a bottom.Certainly...
Published:
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...
Published:
The recent troubles at Patriot Coal Corp. (NYSE: PCX) have reflected the problems the entire coal mining industry faces in the US — the low cost of natural gas. Patriot, a 2007 spin-off from...
Published:
Last Updated:
The three major US stock indexes opened lower this morning after European leaders disagree on a fiscal response to the continent’s debt crisis(our coverage here). New US home sales were slightly...
Published:
Last Updated:
The market was down significantly earlier in the day with a double-digit S&P 500 drop and a triple-digit drop in the DJIA. We wanted to see some unusual gainers on the day, which are not just the...
Published:
Last Updated:
Source: Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday.Applied Materials Inc. (NASDAQ: AMAT) Raised to Neutral at...
Published:
Last Updated:
The three major US stock indexes opened slightly higher this morning following their European and Asian counterparts, none of which were the least concerned about a downgrade to Japanese debt or dire...
Published:
Last Updated:
Here’s what Patriot Coal Corp. (NYSE: PCX) had to say this afternoon about the $625 million term loan it couldn’t close last week:Earlier this month,Patriot Coal Corporation (PCX) announced that...
Published:
Last Updated: