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Stock Market & Financial Investment News

News Breaks
February 6, 2013
06:37 EDTACIArch Coal downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Arch Coal due to high financial leverage and sensitivity to PRB prices. Price target lowered to $7 from $10.
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December 17, 2014
11:29 EDTACIJoy Global sees U.S coal market to be challenged in 2015
Joy Global says U.S. coal exports are likely to decline this year. Falling gas prices attributable to warmer weather will result in a switch to gas for electricity production. Publicly traded companies in the coal space include Alliance Resource Partners (ARLP), Alpha Natural (ANR), Arch Coal (ACI), CONSOL (CNX), Cloud Peak (CLD), Peabody (BTU) and Walter Energy (WLT).

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