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Stock Market & Financial Investment News

News Breaks
March 11, 2014
08:01 EDTSXCSunCoke Energy sees Q1 adjusted EBITDA to be lower by $10M-$15M
SXC noted that the effect of severe winter weather across its operations and challenges at its Indiana Harbor cokemaking facility, which is undergoing a significant refurbishment, negatively impacted coke production by an estimated 60 thousand tons. Due to these issues, the company expects Q1 Adjusted EBITDA to be lower by a projected $10M-$15M. As a result, SXC currently expects FY14 Adjusted EBITDA to be in the lower half of its guidance range of $230M-$255M.
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