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Stock Market & Financial Investment News

News Breaks
April 9, 2014
06:40 EDTANRAlpha Natural downgraded to Sell from Neutral at UBS
UBS downgraded Alpha Natural to Sell from Neutral and lowered its price target to $3 from $5 based on lower met coal price forecasts for the sector due to oversupply issues and the latest Q2 benchmark settlement that was lower than expected. The firm expects balance sheets to be stressed and cash burn to accelerate which could result in a 2016 liquidity crisis.
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March 17, 2015
12:05 EDTANRU.S. coal sector predicted to see 'wave of bankruptcies'
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March 16, 2015
11:50 EDTANRAlpha Natural affiliate miner suffers fatal injury at Deep Mine 41 in Virginia
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