New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 8, 2014
09:18 EDTWLB, CLDCloud Peak amends throughput agreement with Westshore Terminals
Cloud Peak Energy (CLD) announced that its logistics business has increased its committed capacity and extended the term of its throughput agreement with Westshore Terminals Limited Partnership for exports of low sulfur coal from Roberts Bank, British Columbia. In a related agreement, Cloud Peak Energy paid $37M to Coal Valley Resources, a recently acquired unit of Westmoreland Coal (WLB), for CVRI to voluntarily terminate its throughput agreement with Westshore Terminals, freeing up available space at the fully utilized Westshore Terminal. The amendment to Cloud Peak Energy’s throughput agreement is effective as of January 1, 2015 and extends the term through the end of 2024. The amendment also increases annual throughput volumes and associated take-or-pay commitments. As a result of the amendment, Cloud Peak Energy expects to increase its 2015 Asian exports to 6.0 to 6.5 million tons, compared to the 4.0 to 4.5 million tons currently forecasted for 2014. Cloud Peak Energy plans to provide additional 2015 export guidance in early 2015 as part of its year-end 2014 earnings announcement. Starting in 2019, Cloud Peak Energy expects to increase its Asian exports through the Westshore Terminal to 7.0 to 7.5 million tons.
News For CLD;WLB From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 29, 2015
16:49 EDTCLDCloud Peak reports Q2 EPS (28c), consensus (36c)
Subscribe for More Information
07:08 EDTWLBWestmoreland CEO addresses shareholder letter for Frischer
Subscribe for More Information
July 27, 2015
08:41 EDTWLBLF Partners sends letter to Westmoreland Coal about exploring sale
Subscribe for More Information
July 24, 2015
07:03 EDTWLBWestmoreland reports Q2 EPS ($2.04), consensus (65c)
Reports Q2 revenue $348.96M, consensus $358.8M.
July 16, 2015
20:07 EDTCLDCloud Peak says Q2 shipments reduced due to low seasonal demand, flooding
Subscribe for More Information
20:05 EDTCLDCloud Peak sees Q2 net loss $51M-$54M, Q2 adjusted EBITDA $10M-$12M
Subscribe for More Information
20:02 EDTCLDCloud Peak reports Q2 shipments of 16M tons, sees FY15 shipments of 74M-78M tons
Subscribe for More Information

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