Peabody Energy Corporation (NYSE:BTU) CEO Proposes an Alternate Agenda to EPA’s Clean Power Plant

Peabody Energy Corporation (NYSE:BTU) has started to contest against the EPA Clean Power Plan project to move to a low-carbon economy. Peabody Energy is highly dependent on coal power production, but recently the company CEO, Greg Boyce, called for a five point plan to make the transition possible. The plan has been forwarded to the […]

Peabody Energy Corporation (NYSE:BTU) Announces Temporary Pay Cuts To Reduce Costs

Peabody Energy Corporation (NYSE:BTU) executives are set to take temporary pay cuts so as to support the cost reduction measures. The company is the largest coal firm by output in the United States. However, it recorded losses of over $1.1 billion over the last two years, primarily because of price swings. The details Peabody Energy, […]

Peabody Energy Corporation (NYSE:BTU) Advocates Higher Use Of Advanced Coal To Fight Energy Disparity And Improve Emissions

Boston, MA 09/29/2014 (wallstreetpr) – A private sector coal company, Peabody Energy Corporation (NYSE:BTU) has recommended increased usage of advanced coal to fight energy disparity and also improve emissions. The company was responding to a heightened discussion on climate and carbon during the week. UN’s Millennium Goal Peabody Energy Corporation (NYSE:BTU) said that the United Nations’ […]

Goldman Sachs Group Inc (NYSE:GS) Cuts The Ratings of Weak Coal, Peabody Energy Corporation (NYSE:BTU) Down by 4.9%

Boston, MA 09/22/2014 (wallstreetpr) – One of the well-known coal mining company, Peabody Energy Corporation (NYSE:BTU)‘s shares went down by 4.9% as the ratings of weak coal were declined by Goldman Sachs Group Inc (NYSE:GS). The shares of BTU closed at $13.49 after GS downgrade the ratings from ‘neutral’ to ‘sell.’ BTU is one of […]

Peabody Energy Corporation (NYSE:BTU) Looks For Alternative Options After Nathan Tinkler Failed to Make Payment in Coal Mine Sale Deal

Boston, MA 08/29/2014 (wallstreetpr) – According to reports, Peabody Energy Corporation (NYSE:BTU) is actively looking for alternative options for the sale of Wilkie Creek mine after the failure of former billionaire Nathan Tinkler in making payments. The estimated worth of this coal mine which is located in Australia is $70 million. Why Tinkler Failed: As per […]

You May Want To Compare: Avanir Pharmaceuticals (AVNR), Peabody Energy (BTU), Zogenix, Inc. (ZGNX), JetBlue Airways (JBLU)

Boston, MA 08/27/2014 (wallstreetpr) – Avanir Pharmaceuticals Inc (NASDAQ:AVNR) announced the enrollment of the first patient for the Phase II study of its major depressive disorder (MDD) treatment. It said the Phase II study of the drug called AVP-786 will focus on evaluating the efficacy, tolerability and safety of the treatment. There are millions of […]

Alpha Natural Resources, Inc. (NYSE:ANR) Reports Less Than Expected Q2 2014 Loss As Coal Selling Cost In Eastern U.S. Dropped 6%

Boston, MA 08/07/2014 (wallstreetpr) – Alpha Natural Resources, Inc. (NYSE:ANR) on August 6, 2014 reported a less than expected Q2 2014 loss because the cost of coal selling in eastern U.S. dropped down 6% from the Q1 2014. The shares of company climbed 8% in morning trading on NYSE on the same day. In the […]

Peabody Energy Corporation (NYSE:BTU) Extends The Offering

Boston, MA 06/20/2014 (wallstreetpr) – Peabody Energy Corporation (NYSE:BTU) extended the approval of the solicitation till 5:00 p.m. New York Time of June 25, 2014 from June 17, 2014. The consent is for its 4.75% Convertible Junior Subordinated Debentures, which is due in 2066. The consent subject to end at any time prior to the […]

Peabody Energy Corporation (NYSE:BTU) Is Reshaping Its Asset Base

Boston, MA 06/02/2014 (wallstreetpr) – Peabody Energy Corporation (NYSE:BTU) entered into an agreement with Singapore-based Bentley Resources to sell its Willkie Creek Mine for ~$70 million of cash, situated in Queensland, Australia. The other associated liabilities and obligations like port and rail are subject to certain conditions. Reason For The Asset Sale 1. Non-Performing Asset […]

Peabody Energy Corporation (NYSE:BTU): High Demand Of Coal offset By Supply Overhang

Boston, MA 04/25/2014 (wallstreetpr) –  Peabody Energy Corporation (NYSE:BTU) disappointed the street by posting the unexpected loss in the first quarter results. Peabody is the largest coal miner of the country. The loss was not at all on expected by the market. The share has not performed well in this year. It has declined about […]

Peabody Energy Corporation (NYSE:BTU): The Future Looks Bleak

Boston, MA 04/16/2014 (wallstreetpr) – In the face of increasing regulatory pressure in the coal industry, Peabody Energy Corporation (NYSE:BTU) and its peers are facing limited business options domestically and internationally. The company is regarded as the largest private coal producer in the world with $4.6 billion in market cap. The company has 28 coal […]

Investor Takeaway: Peabody Energy Corporation (NYSE:BTU), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), eBay Inc (NASDAQ:EBAY)

Boston, MA 01/31/2014 (wallstreetpr) – Peabody Energy Corporation (NYSE:BTU) is looking ahead to modest growth as it continues to target volume increase and cost improvement. The company was able to avoid a high burnout in the just reported quarter due to volume boost and cost cutting. BTU managed to trim its losses by nearly 44 […]

Why Poor Demand For Steel Will Continue Hampering Peabody Energy Corporation (NYSE:BTU)

Boston, MA 01/30/2014 (wallstreetpr) – Towards the end of last year when Peabody Energy Corporation (NYSE:BTU) published its quarterly results, it was evident that the company had not fared as well as analysts had predicted. The reason for this was put down to the poor demand for steel that currently exists in both Europe and the […]

Peabody Energy Corporation (NYSE:BTU) To Have Advantage Of Australian Assets

Boston, MA 11/05/2013 (wallstreetpr) – Peabody Energy Corporation’s (NYSE:BTU) quarterly results, declared some time back shows what is ailing American coal companies. The industry has been facing reduced demand in both metallurgical as well as thermal coal segments. Natural gas prices have been at a global low and weak demand from China for metallurgical coal is […]