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Stock Market & Financial Investment News

News Breaks
January 17, 2013
06:53 EDTANR, JRCC, CLD, BTU, ACI, CNX, ARLP, WLTMining group head questions accusation against coal companies, The Hill says
A Reuters report suggesting that coal companies have failed to make royalty payments to the federal government and states may not be accurate, National Mining Association CEO Hal Quinn indicated, according to The Hill. Two senators have asked the Interior Department to probe the sector, and Quinn said he would speak with the senators about the issue, the website added. Reference Link
News For CLD;WLT;ACI;JRCC;ARLP;BTU;ANR;CNX From The Last 14 Days
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May 22, 2015
18:39 EDTACIArch Coal hires advisers to help decrease debt load, WSJ reports
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13:01 EDTANRAlpha Natural affiliates to downsize central Appalachian mining operations
Operating affiliates of Alpha Natural have notified employees of the expected idling of the mining and processing operations where they work. In accordance with requirements of the Worker Adjustment and Retraining Notification Act, notices were given today to 439 employees at Rockspring Development's Camp Creek Underground Mine and Processing Plant in Wayne County, West Virginia, regarding the expected idling of those facilities based on the mine operator's current assessment of market conditions. Additionally, three other Alpha-affiliated mine operators announced last week that reductions in force were taking place at their locations due to sustained weak market conditions and government regulations that have challenged the entire Central Appalachian coal industry. A total of 71 employees were impacted. These actions are being triggered by persistent weakness in U.S. and overseas coal demand and depressed price levels, along with government regulations that are causing electric utilities to close existing coal-fired power plants and forego construction of new coal-fired capacity. Excess supply of coal worldwide also has contributed to sustained price weakness.
May 20, 2015
13:07 EDTANRAlpha Natural downgraded to Underperform from In-Line at Imperial Capital
Imperial Capital downgraded Alpha Natural to Underperform and reduced its price target to 40c from $1.50. The firm said Alpha can no longer access $750M in first lien basket now that the latest 12 month 1L secured leverage is greater than 2X and downgraded shares due to the significant deterioration in outlook.
May 18, 2015
09:36 EDTBTUActive equity options trading on open
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May 15, 2015
16:51 EDTCNXGreenlight Capital gives quarterly update on stakes
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May 11, 2015
08:14 EDTCNXMorgan Stanley to hold a conference
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