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Stock Market & Financial Investment News

News Breaks
January 7, 2014
08:04 EDTSXCSunCoke Energy sees Q4 domestic coke production down 26,000 tons y/y
SunCoke Energy reported 4Q3 domestic coke production is expected to be 1,056 thousand tons, down an estimated 26 thousand tons versus the same prior year period. FY coke 2013 production is expected to be 4,269 thousand tons, down approximately 73 thousand tons compared to 2012. The change in both periods reflects the significant refurbishment underway at our Indiana Harbor cokemaking facility, which resulted in lower production at this facility of 39 thousand tons and 106 thousand tons in the quarter and year, respectively. Offsetting this was higher production at our Jewell cokemaking facility in the quarter and higher production at Jewell, Middletown and Haverhill in the year. Domestic capacity utilization in Q4 and FY13 is estimated to be 99% and 101%, respectively, as compared to 101% and 102% in the same respective prior year periods.
News For SXC From The Last 14 Days
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March 27, 2015
10:01 EDTSXCHigh option volume stocks
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March 25, 2015
16:07 EDTSXCSunCoke says temporary idling doesn’t change U.S. Steel obligations under pact
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14:26 EDTSXCWells Fargo tells SunCoke investors not to panic
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11:14 EDTSXCSunCoke oversold on U.S. Steel news, says Brean Capital
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11:13 EDTSXCSunCoke drops after customer announces plans to idle Granite City operations
Shares of SunCoke Energy (SXC) and SunCoke Energy Partners (SXCP) are both sharply lower after U.S. Steel (X), the principal customer of their Granite City cokemaking facility, announced it will consolidate its North American Flat-Rolled operations and temporarily idle its Granite City Works operations. The consolidation is part of an on-going adjustment of steelmaking operations throughout North America to match customer demands, said U.S. Steel, which noted that it routinely adjusts production at its operating facilities to reflect "market fluctuations." In morning trading, Suncoke Energy shares fell 11% to $15.01, while Suncoke Energy Partners dropped 10.25% to $19.87.
10:03 EDTSXCHigh option volume stocks
High option volume stocks: NVO SXC SONC EXH KRFT WLB ETR LXK APOL EWH
09:57 EDTSXCSunCoke Energy drops 12%, or $2.07, to $14.80

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