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Stock Market & Financial Investment News

News Breaks
November 12, 2012
07:20 EDTANRAlpha Natural upgraded to Market Perform from Underperform at BMO Capital
BMO Capital upgraded Alpha Natural Resources citing improving met coal fundamentals. Price target raised to $8 from $5.
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July 31, 2014
17:19 EDTANRAlpha Natural announces plans to downsize West Virginia mining operations
Eight operating affiliates of Alpha Natural Resources have notified their employees late this afternoon that the coal mines and other facilities where they work are subject to being idled due to sustained weak market conditions and government regulations that have challenged the entire Central Appalachian mining industry. In accordance with requirements of the Worker Adjustment and Retraining Notification Act, notice has been given today to approximately 1,100 employees at 11 Alpha affiliated surface mines in West Virginia, as well as preparation plants and other support operations, advising them of the expected idling of those facilities based on Alpha's current assessment of market conditions. While no reductions in force are occurring immediately at these sites, they are currently planned to take place by mid-October.

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