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Stock Market & Financial Investment News

News Breaks
November 20, 2012
05:56 EDTSXCSunCoke Energy and VISA Steel announce Indian joint venture
VISA Steel Limited and SunCoke Energy announced that they have entered into agreements to form a cokemaking joint venture in India. SunCoke Energy will invest approximately $67M to acquire a 49% interest in the joint venture. VISA Steel will hold the remaining 51%. The joint venture, which will be unlevered at closing, will be comprised of VISA Steel's existing 400,000 MT per annum heat recovery coke plant and associated steam generation units at Kalinganagar in Odisha, India. The transaction is expected to close in Q1, subject to customary conditions, including approval from VISA Steel shareholders.
News For SXC From The Last 14 Days
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April 23, 2014
16:20 EDTSXCSunCoke Energy sees FY14 domestic coke production about 4.2M tons
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16:19 EDTSXCSunCoke Energy enters contribution agreement with SunCoke Energy Partners
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16:17 EDTSXCSunCoke Energy lowers FY14 EPS view to 8c-33c from 35c-60c
FY14 consensus 41c. Cites weak Q1 results.
16:16 EDTSXCSunCoke Energy lowers FY14 adjusted EBITDA view to $220M-$240M
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16:15 EDTSXCSunCoke Energy reports Q1 EPS (11c), may not compare to consensus (1c)
Reports Q1 revenue $359.6M, consensus $364.97M.
April 11, 2014
10:13 EDTSXCHigh option volume stocks: SXC FSL IMPV TWGP
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