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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 […]

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 (NASDAQ:BTU) Engages In Mining Coal And Digging Its Niche

Boston, MA 06/05/2014 (wallstreetpr) – The CEO of the Peabody Energy Corporation (NASDAQ:BTU) Greg Boyce has been honored by the World Coal Association for his potential leadership in the global safety. Boyce played a vital role in stabilizing the safety measures of Peabody by additions to already existing measures of safety, bringing it to function […]

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 […]

The Glossy Peabody Energy Corporation (NYSE:BTU)

Boston, MA 10/29/2013 (wallstreetpr) – After announcing their dividend payout of $0.085 on October 24 that is payable on November 29, Peabody Energy Corporation (NYSE:BTU)’s shares increased by 0.52% in market value in that same day. By closing time, the shares traded at $19.22 per share. This represents a 3.44% increase over the last 12 months and […]

Peabody Energy Corporation (NYSE:BTU) Announces Unexpected Profits As Coal Prices Recover

Boston, MA 10/18/2013 (wallstreetpr) – The biggest U.S. coal producer, Peabody Energy Corporation (NYSE:BTU) surprised investors and analysts as it announced a sudden profit in the third- quarter results. The prices for coal in the U.S. had shown improvements which accounts for this surprise profit of the electricity generating ore producer. The St. Louis based company said […]

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