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Stock Market & Financial Investment News

News Breaks
October 30, 2012
17:11 EDTCNXCONSOL Energy to idle Miller Creek surface operations
CONSOL Energy has issued notice under the Worker Adjustment and Retraining Notification Act, or WARN, of its intent to idle its Miller Creek surface operations near Naugatuck, WV resulting in a layoff impacting approximately 145 employees. Operations impacted include the company's Wiley Surface Mine, Wiley Creek Surface Mine, Minway Surface Mine, Minway Preparation Plant, and Miller Creek Administration Group, all located in Mingo County, WV. The layoffs will occur during a 14-day period beginning at 12:01 am on December 30. At this time underground operations will not be affected.
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June 15, 2013
17:40 EDTCNXCoal industry counting on export demand as U.S demand wanes, NYT says
The U.S. coal industry is trying to revive itself with exports to Asia and Europe as environmental groups in opposition to the fall-out of coal use "say pollution caused by burning coal should not be exported," says the New York Times. The push for more export business is part of the U.S. coal industry's effort to expand exports as the U.S. has increasingly turned to natural gas as an alternative, adds NYT. Reference Link
June 14, 2013
13:23 EDTCNXWalter Energy falls after reportedly canceling refinancing loan
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June 13, 2013
07:51 EDTCNXDeutsche Bank to host a conference
Global Industrials and Basic Materials Conference is being held in Chicago on June 12-14 with webcasted company presentations to begin on June 13 at 9:00 am; not all company presentations may be webcasted. Webcast Link
June 12, 2013
13:19 EDTCNXCONSOL Energy hires Goldman, Jefferies to sell $1B in assets, says dealReporter
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June 10, 2013
11:54 EDTCNXEuropean coal prices fall as forecasts cut, Bloomberg reports
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June 5, 2013
09:07 EDTCNXBofA/Merrill's metals and mining analysts hold analyst/industry conference call
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