New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 2, 2014
12:20 EDTBHP, WLT, ANR, ACI, CNX, BTU, JRCCCoal stocks higher after BHP executive signals confidence
Coal stocks are rallying today after positive comments were made by the head of BHP's (BHP) coal division. WHAT'S NEW: The Wall Street Journal reported this morning that BHP's Dean Dalla Valle said he expects world demand for coal to increase for decades to come. According to the report, the BHP executive added that most demand growth for coal will come from outside China, which has been the primary driver of global commodity prices in recent years. "Over the next couple of decades we expect global growth in demand for both energy coal and metallurgical coal," said Dean Dalla Valle. The executive added that India, which is "not not overly endowed with metallurgical coal," is seen as being a significant source of demand. PRICE ACTION: Shares of BHP Billiton (BHP) are higher by 0.77% in midday trading. OTHER COAL STOCKS: Walter Energy (WLT) is up 2.61%, Alpha Natural Resources (ANR) is up 1.06%, Arch Coal (ACI) is up 1.44%, CONSOL Energy (CNX) is up 1.65%, Peabody Energy (BTU) is up 1.1% and James River Coal (JRCC) is up 13.25%.
News For BHP;WLT;ANR;ACI;CNX;BTU;JRCC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
September 24, 2014
13:45 EDTBHPBHP Billiton mulls secondary listing in London for spin-off company, WSJ says
BHP Bilton is mulling a secondary listing in London for its new spin-off company that contains noncore mining assets, The Wall Street Journal reports, citing a shareholder letter. The move comes following increased shareholder pressure regarding the company's original plan to spin off the company only in Australia and South Africa. Analysts estimate the new company could be worth approximately $17B, The Wall Street Journal added. Reference Link
11:49 EDTWLTStocks with call strike movement; WLT GALT
Subscribe for More Information
September 23, 2014
09:54 EDTBTUPeabody cuts Q3 adjusted EPS view to (69c)-(63c) from (49c)-(36c)
Consensus is (40c). Updated guidance primarily reflects the effects of non-cash tax expense following the repeal of the Minerals Resource Rent Tax in Australia. Peabody now sees Q3 adjusted EBITDA $190M-$210M vs. previous $150M-$200M view. "Peabody is pleased that strong cost improvements and operating results are leading to increased Adjusted EBITDA expectations even in the face of market challenges," said Peabody Energy Chairman and CEO Gregory H. Boyce. "Our operations are performing well as we experienced higher-than-expected results from the Western United States, improved performance from Australian metallurgical coal mines and continued cost reductions across the platform."
06:07 EDTBHPBHP Billiton shedding 700 mining jobs in Queensland, Guardian reports
Subscribe for More Information
September 22, 2014
16:00 EDTWLTOptions Update; September 22, 2014
iPath S&P 500 VIX Short-Term Futures up 91c to 28.14. Option volume leaders: AAPL TSLA NFLX C TWTR AMZN BP PBR CLF WLT according to Track Data.
09:56 EDTACIArch Coal management to meet with FBR Capital
Subscribe for More Information
September 19, 2014
14:00 EDTANRAlpha Natural selects Plum Energy to supply LNG, producing fuel savings
Alpha Natural Resources announced that Plum Energy will construct a liquefied natural gas, or LNG, plant on property adjacent to Alpha Coal West Inc.'s Eagle Butte Mine, near Gillette, Wyoming. The Plum Energy facility will supply LNG to Alpha Coal West's mine haul vehicles, producing cost efficiencies and fuel savings for its mining operations. Alpha Coal West expects the alterations to the trucks to be completed by the end of 2014. Plum Energy's LNG plant at the Eagle Butte Mine, scheduled to come online in March 2015, will be able to produce 28,500 gallons of LNG a day. In addition, Plum Energy has designed an LNG refueling station that will be constructed on-site at Eagle Butte, which will be capable of refueling eight trucks simultaneously. Alpha Coal West's demand for LNG is expected to be about 6,400 gallons a day to fuel its trucks. As the plant grows, excess product can be sold to other companies in the area as they convert their haul trucks and other equipment to the lower emission and cost-efficient LNG.
06:05 EDTWLTStocks with implied volatility movement; WLT PBR
Stocks with implied volatility movement; Walter Energy (WLT) 113, Walter Energy Petrobras (PBR) 64 according to iVolatility.
September 18, 2014
16:00 EDTWLTOptions Update; September 18, 2014
Subscribe for More Information
14:46 EDTBTUPeabody sees Q3 Powder River Basin shipments above Q2 levels
Subscribe for More Information
14:45 EDTBTUPeabody says India thermal coal imports rising faster than expected
Subscribe for More Information
14:43 EDTBTUPeabody sees new China coal quality policies to have no negative impact
Subscribe for More Information
14:21 EDTBTUPeabody Energy volatility flat as shares trend to ten-year low
Peabody Energy September weekly call option implied volatility is at 31, October is at 33, December is at 31; compared to its 26-week average of 32 according to Track Data, suggesting non-directional price movement.
14:14 EDTWLTWalter Energy volatility elevated on wide price movement
Subscribe for More Information
10:00 EDTBTUOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:08 EDTBTUPeabody downgraded to Sell from Neutral at Goldman
Goldman downgraded Peabody to Sell based on a reduced met coal price forecast, valuation, low Australia margins, and high leverage levels. Price target lowered to $13 from $15.
05:50 EDTWLTStocks with implied volatility movement; WLT GPRO
Stocks with implied volatility movement; Walter Energy (WLT) 86, GoPro (GPRO) 95 according to iVolatility.
September 17, 2014
16:00 EDTWLTOptions Update; September 17, 2014
iPath S&P 500 VIX Short-Term Futures down 24c to 27.63. Option volume leaders: AAPL TSLA BAC TWTR AMZN X WLT KO PBR according to Track Data.
10:00 EDTBHPOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
05:26 EDTBHPBHP Billiton downgraded to Underperform from Neutral at Exane BNP Paribas
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use