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Stock Market & Financial Investment News

News Breaks
August 15, 2013
17:42 EDTANRAlpha Natural says Cumberland mine resumes operations
Alpha Natural Resources announced its that subsidiary, Cumberland Coal Resources, has mitigated adverse geological conditions in the headgate area of its Cumberland underground longwall mine in Greene County, Pa. As a result, the company has resumed operations and lifted the force majeure related to the geological conditions that halted mining operations and coal shipments July 15. The company says that while mining and coal shipments have resumed, mine personnel are gradually ramping up operations while continuing to monitor the headgate area geological status and all mine safety and operations conditions.
News For ANR From The Last 14 Days
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April 17, 2015
18:12 EDTANRAlpha Natural receives NYSE notice of non-compliance
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06:46 EDTANRCourt looks poised to deny challenge to coal emissions rule, NY Times says
A federal appeals court seemed inclined to dismiss a lawsuit challenging the EPA's rule restricting carbon emissions from coal-fired power plants, The New York Times reported yesterday. 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). Reference Link
April 13, 2015
10:00 EDTANROn The Fly: Analyst Downgrade Summary
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06:05 EDTANRAlpha Natural downgraded to Sell from Neutral at UBS
UBS downgraded Alpha Natural to Sell on expectations the company will become "more distressed" amid the slower recovery in coal and gas prices. The firm cut its price target for shares to 50c from $1.25.
April 10, 2015
16:20 EDTANRAlpha Natural unit receives imminent danger order from MSHA
On April 6, Mill Branch Coal Corporation, a subsidiary of Alpha Natural Resources, received an imminent danger order issued by the Mine Safety and Health Administration under section 107(a) of the Federal Mine Safety and Health Act of 1977 to the North Fork #6 Mine, located near Appalachia, Virginia. The order alleged that a miner was observed within the turning radius of a continuous mining machine while it was being trammed. The miner immediately removed himself from the location. MSHA had issued no citations or orders to the Mine for persons working alongside a continuous mining machine during the prior twelve months. No injuries occurred in connection with the alleged practice, and MSHA has terminated the order.

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