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Stock Market & Financial Investment News

News Breaks
November 26, 2012
13:08 EDTBTUMongolia may delay firm selections for coal field till mid-2013, Bloomberg says
Mongolia may delay the selection of companies to develop the country's largest coal field till mid-2013, says Bloomberg, adding that companies such as Peabody Energy (BTU), Chinaís Shenhua Group Corp. and Japanís Mitsui have shown interest in developing the coal field. Reference Link
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August 31, 2014
21:48 EDTBTUCoal 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 Europeís 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 EDTBTUCoal 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

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