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Stock Market & Financial Investment News

News Breaks
April 22, 2014
07:49 EDTACIArch Coal: Q1 results reflect challenging global metallurgical coal market
The company also cites the impact of rail performance issues on Q1. The company said it is reducing its expected metallurgical coal sales volume by 1M in 2014 in response to soft market conditions. The company will plan to concentrate its metallurgical production in the lowest-cost assets in Appalachia.
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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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