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Stock Market & Financial Investment News

News Breaks
March 13, 2013
19:26 EDTCNXCONSOL Energy mine temporarily shut down due to fire
CONSOL Energy announced that yesterday at 2:00 pm, smoke was detected exiting the Orndoff shaft at the company's Blacksville No. 2 Mine near Wayne in Greene County, PA. All 121 day shift underground employees were safely evacuated through the Kuhntown portal and none sustained injuries. Since the discovery of smoke at the shaft, CONSOL Energy, working closely with federal and state authorities, was able to identify the general location of a fire and began implementing an aggressive plan to contain and extinguish it. It is unknown when mine operations will resume, as no personnel will re-enter the mine until it is determined safe to do so. Blacksville No. 2 produces approximately 400,000 tons per month under normal operations.
News For CNX From The Last 14 Days
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August 4, 2015
10:01 EDTCNXOn The Fly: Analyst Downgrade Summary
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06:53 EDTCNXCONSOL downgraded to Sell from Hold at Deutsche Bank
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August 3, 2015
16:45 EDTCNXOn The Fly: Top stock stories for Monday
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16:00 EDTCNXObama Clean Power Plan sends coal sector plummeting
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July 29, 2015
09:08 EDTCNXCONSOL price target lowered to $20 from $25 at BMO Capital
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July 28, 2015
10:32 EDTCNXCONSOL to reduce dividend to 1c per share, effective in Q3
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06:52 EDTCNXCONSOL putting MetCo IPO on hold
Due to the continued degradation of metallurgical coal prices, CONSOL (CNX) is putting the MetCo IPO on hold, which was previously announced to occur early in the fourth quarter of 2015. In addition to evaluating this asset as a potential future drop down into CNX Coal Resources (CNXC), CONSOL is also evaluating the possibility of partnering with a third party to grow this asset through consolidation, before a potential future initial public offering. Both options support CONSOL's strategic and structural goals, and the company expects to make a decision regarding its Buchanan asset by year-end 2015.
06:51 EDTCNXCONSOL reports Q2 E&P Production of 75.5 Bcfe
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06:50 EDTCNXCONSOL says will manage to be free cash positive over next 18 months
"CONSOL is focused on managing through what continues to be a very challenging commodity price environment. Given this environment, we will manage the company to be free cash positive over the next 18 months, beginning in the second half of 2015. We are moving forward by resetting the company using zero-based budgeting, lean manufacturing and continuous improvement to hold our E&P production growth targets, while achieving our free cash flow targets," commented Nicholas DeIuliis, president and CEO.
06:49 EDTCNXCONSOL reports Q2 adjusted EPS (37c), consensus 1c
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July 23, 2015
10:30 EDTCNXOptions with increasing implied volatility
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July 22, 2015
10:26 EDTCNXOptions with increasing implied volatility
Options with increasing implied volatility: LOCK DUST JNUG CHK LINE LNCO CNX ABX GG GDX

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