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Stock Market & Financial Investment News

News Breaks
January 17, 2014
10:33 EDTANRAlpha Natural in sales talks on coal mine stake, Free Press Journal says
India's NMDC is reportedly in talks with Alpha Natural Resources to acquire a majority stake in a U.S. coking coal mine, according to The Free Press Journal, citing Cogencis. Alpha Natural shares are up 1.25% to $6.48 in early trading following the report. Reference Link
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August 31, 2014
21:48 EDTANRCoal stocks may get boost from Russia tensions, Reuters says
U.S. coal company stocks may get a boost in the near term if worsening relations between Russia and the West motivate President Putin to limit Europe’s natural gas supply, says Reuters. Publicly traded companies in the 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
17:00 EDTANRCoal miners become more optimistic as prices stabilize, WSJ says
Coal miners are becoming more optimistic as a two year glut of the fuel that has driven prices down seems to be abating, says the Wall Street Journal. Plant shutdowns and a pickup in buying from China and India are leading to more price stability and what some see as a gradual recovery, added the Wall Street Journal. Publicly traded companies in the 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
August 29, 2014
08:37 EDTANRAlpha Natural unit received MHSA imminent danger order on Aug. 25
Alpha Natural Resources disclosed last night in a regulatory filing that on August 25, its subsidiary Brooks Run South Mining received an imminent danger order issued by the Mine Safety and Health Administration to the Wyoming No 2 Mine, located near Marianna, West Virginia. The order alleged that a miner was observed working in close proximity to an energized, unmanned scoop. The scoop was immediately de-energized, whereupon MSHA terminated the order. "MSHA had issued no citations or orders to the Mine for persons working near an energized, unmanned scoop during the prior twelve months, and no injuries occurred in connection with the alleged practice," Alpha Natural stated.

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