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Stock Market & Financial Investment News

News Breaks
September 5, 2012
07:40 EDTANRAlpha Natural downgraded to Outperform from Strong Buy at Raymond James
Raymond James lowered its metallurgical coal price deck estimates given recent steel price weakness, European uncertainty, and China steel production risk. The firm downgraded Alpha Natural to its lowered met coal forecast but views relative valuation favorably. Price target lowered to $8 from $12.
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May 9, 2013
11:35 EDTANRKansas City Southern says coal volumes are up 5% in Q2
On its presentation at the Wells Fargo conference the CFO said that coal volumes are up approximately 5% in Q2.

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