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Stock Market & Financial Investment News

News Breaks
July 17, 2014
12:08 EDTFELPForesight Energy reports fire at Hillsboro mine
Foresight Energy LP announced that Monday July 14, at approximately 7:30 pm Central Daylight Time, high carbon monoxide readings were detected at Hillsboro Energy LLC’s Deer Run Mine located near Hillsboro, Illinois, indicating the existence of a fire. All underground employees were safely evacuated and none sustained injuries. Hillsboro officials identified the affected area and have been working with federal and state officials implementing an approved plan to contain and extinguish. Two holes have been drilled into the coal mine and water is being pumped into the affected area. The Deer Run mine produces approximately 500,000 clean tons per month under normal operations.
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July 21, 2014
09:27 EDTFELPForesight Energy provides Hillsboro Mine update
Foresight Energy LP announced that efforts to extinguish the fire at its Hillsboro Energy LLC’s Deer Run Mine continued over the weekend, including pumping water into the mine. The results were encouraging as carbon monoxide readings declined significantly. Foresight, together with the Mine Safety and Health Administration, is presently attempting to corroborate the monitoring readings with conditions underground. Various protocols and procedures must be implemented before it can be verified that the fire has been extinguished. The fire occurred and was contained in a tail-gate section of a previously mined area and was not near current development or longwall operations of the mine. Since production ceased on Tuesday, the mine’s customers have been serviced from Hillsboro Energy’s inventory. No force majeure has yet been declared but the company is reserving all of its rights under various coal supply agreements until it has a better understanding of the impact on its long term production.Although the full extent of the damage cannot be determined until MSHA determines it safe to enter the mine, Foresight does not currently anticipate that this event will have a material adverse effect on partnership results.
July 17, 2014
12:08 EDTFELPForesight Energy reports fire at Hillsboro mine
Foresight Energy LP announced that Monday July 14, at approximately 7:30 pm Central Daylight Time, high carbon monoxide readings were detected at Hillsboro Energy LLC’s Deer Run Mine located near Hillsboro, Illinois, indicating the existence of a fire. All underground employees were safely evacuated and none sustained injuries. Hillsboro officials identified the affected area and have been working with federal and state officials implementing an approved plan to contain and extinguish. Two holes have been drilled into the coal mine and water is being pumped into the affected area. The Deer Run mine produces approximately 500,000 clean tons per month under normal operations.
July 14, 2014
10:00 EDTFELPOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Ardelyx (ARDX) initiated with a Buy at Citigroup... Century Communities (CCS) initiated with an Overweight at JPMorgan... Charles Schwab (SCHW) initiated with a Buy at Jefferies... Diamondback Energy (FANG) initiated with a Neutral at Sterne Agee... E-Trade (ETFC) initiated with a Hold at Jefferies... Foresight Energy (FELP) initiated with an Overweight at Morgan Stanley... Global Logistics Properties (GBTZF) initiated with an Overweight at Barclays... Intercept (ICPT) initiated with a Buy at Deutsche Bank... Jumei (JMEI) initiated with a Buy at BofA/Merrill... MTS Systems (MTSC) initiated with a Buy at Needham... Markit (MRKT) initiated with an Equal Weight at Morgan Stanley... Opus Bank (OPB) initiated with a Buy at CRT Capital... Parnell (PARN) initiated with an Overweight at Piper Jaffray... TD Ameritrade (AMTD) initiated with a Hold at Jefferies... Teradata (TDC) initiated with a Buy at Standpoint Research... Veritiv (VRTV) initiated with an Overweight at Barclays... Viper Energy (VNOM) initiated with a Market Perform at Raymond James... Yelp (YELP) initiated with an Underweight at Evercore... ZS Pharma (ZSPH) initiated with an Outperform at BMO Capital... Zafgen (ZFGN) initiated with an Outperform at Cowen.
06:14 EDTFELPForesight Energy initiated with a Buy at Citigroup
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06:14 EDTFELPForesight Energy initiated with a Buy at Stifel
Target $23.
06:03 EDTFELPForesight Energy initiated with an Overweight at Morgan Stanley
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05:52 EDTFELPForesight Energy initiated with a Neutral at JPMorgan
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05:33 EDTFELPForesight Energy initiated with an Overweight at Barclays
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05:30 EDTFELPForesight Energy initiated with a Neutral at Goldman
Target $23.
July 10, 2014
10:05 EDTFELPOn The Fly: Analyst Initiation Summary
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06:45 EDTFELPForesight Energy initiated with an Outperform at Cowen
Target $24.

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