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Stock Market & Financial Investment News

News Breaks
May 19, 2014
11:30 EDTCLD, ANR, ACI, WLT, CNX, BTU, ARLPCarbon regulations could reduce coal use, Politico says
The EPA is set to announce new anti-carbon regulations on June 2 that could force utilities to use less coal, according to Politico. 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
News For CLD;ANR;ACI;WLT;CNX;BTU;ARLP From The Last 14 Days
Check below for free stories on CLD;ANR;ACI;WLT;CNX;BTU;ARLP the last two weeks.
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July 22, 2014
11:43 EDTBTUPeabody sees metallurgical coal demand picking up in 2H
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08:08 EDTBTUPeabody sees Q3 adjusted EPS (53c)-(40c), consensus (20c)
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08:07 EDTBTUPeabody sees FY14 sales of 245M-260M tons of coal
For FY14, Peabody now has total sales targets of 245M-260M tons, including U.S. sales of 185M-190M tons and Australian sales of 35M-37M tons. Sees U.S. costs per ton 1%-3% below 2013 levels on cost containment efforts, with U.S. revenues per ton 4%-7% below 2013 levels due to price re-openers and Australian costs in the low-to-mid $70 per ton range. Sees full-year depreciation, depletion and amortization approximately 5%-10% below 2013 levels.
08:03 EDTBTUPeabody reports 2Q adjusted EPS (28c), consensus (29c)
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July 21, 2014
16:19 EDTACIArch Coal idles Cumberland River coal complex, eliminates 213 full-time jobs
Arch Coal announced that it is idling the Cumberland River Coal Company complex. The Cumberland River complex comprises two underground operations and related facilities. 213 full-time positions will be eliminated by idling Cumberland River. "With this move, we are actively responding to currently challenged metallurgical coal markets while striving to enhance our overall competitive cost position in Appalachia," said John Eaves, Arch's president and CEO. "Our strategy is to increasingly shift our portfolio toward higher-margin, lower-cost metallurgical coal operations, while retaining our valuable reserves for when market conditions strengthen in the future."
July 15, 2014
06:48 EDTCNXCONSOL reports E&P division produced 51.9 Bcfe during Q2
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July 14, 2014
08:33 EDTCNXCONSOL management to meet with Brean Capital
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