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Stock Market & Financial Investment News

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March 18, 2013
06:30 EDTSXCSunCoke Energy and VISA Stell launch joint venture in India
SunCoke Energy and VISA Steel Limited announced the official launch of their cokemaking joint venture in India. The new joint venture will be called VISA SunCoke Limited. SunCoke Energy holds a 49% interest in the joint venture, with VISA Steel holding the remaining 51%. SunCoke has invested approximately $67M to acquire a 49% stake in the joint venture. VISA SunCoke Limited is comprised of a 400,000 metric ton heat recovery coke plant, and the associated steam generation units at Kalinganagar in Odisha, India. SunCoke and VISA Steel will co-manage the business with equal representation on the partnership's board.
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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