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Stock Market & Financial Investment News

News Breaks
September 27, 2012
07:21 EDTUSAP, ANRDavenport to host a conference
7th Annual Metals & Mining Conference is being held in New York on September 27.
News For USAP;ANR From The Last 14 Days
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June 15, 2013
17:40 EDTANRCoal industry counting on export demand as U.S demand wanes, NYT says
The U.S. coal industry is trying to revive itself with exports to Asia and Europe as environmental groups in opposition to the fall-out of coal use "say pollution caused by burning coal should not be exported," says the New York Times. The push for more export business is part of the U.S. coal industry's effort to expand exports as the U.S. has increasingly turned to natural gas as an alternative, adds NYT. Reference Link
June 14, 2013
13:23 EDTANRWalter Energy falls after reportedly canceling refinancing loan
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05:45 EDTANRCoal exports fall on Asian oversupply, WSJ reports
Coal exports are slowing, reports the Wall Street Journal. In a troubling sign for U.S. coal producers, shipments fell 31% in April from March driven largely by an oversupply in Asia for metallurgical coal used in steel making. As a result, U.S. producers are now at a further disadvantage to overseas competitors because weakening metallurgical-coal prices are making high-cost U.S. production less profitable for export.Reference Link
June 13, 2013
14:35 EDTANRAlpha Natural management to meet with Brean Capital
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June 11, 2013
06:10 EDTANRAlpha Natural implied volatility at lower end of index mean range
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June 10, 2013
11:54 EDTANREuropean coal prices fall as forecasts cut, Bloomberg reports
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June 7, 2013
10:11 EDTANROn The Fly: Analyst Downgrade Summary
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08:14 EDTANRRaymond James downgrades Coal producers
Raymond James lowered its 2013/14 met coal price forecast due to resilient supply growth and slowing demand and believes a recovery could be longer than expected given declining global GDP growth and a potential slowdown in China demand. As a result, the firm downgraded Arch Coal (ACI), James River Coal (JRCC), and Walter Energy (WLT) to Underperform from Market Perform, Alpha Natural (ANR) to Underperform from Outperform, and Peabody Energy (BTU) to Market Perform from Outperform.
07:49 EDTANRAlpha Natural downgraded to Underperform from Outperform at Raymond James
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June 5, 2013
09:07 EDTANRBofA/Merrill's metals and mining analysts hold analyst/industry conference call
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