All Posts Tagged With: "BTU"
(BAC) Stock Market News for January 4, 2012 – Market News
The first trading day of the year witnessed a positive trend in the US markets, backed by encouraging news from the global arena and positive domestic economic reports. Major indices gained during the trading day helped by an optimistic mood that prevailed among investors. The...
8Jan2012 | vitalstocks | 0 comments | Continued(AEP) Coal Industry Stock Review – December 2011 – Industry Outlook
Coal has been used for nearly as long as mankind has thrived, for everything including cooking, making clay pots, heating, as fuel to run steam-powered trains, to make weapons, heating homes, generating electricity, powering railroads and boats, and fueling factories. Today,...
15Dec2011 | vitalstocks | 0 comments | Continued(CNX) CONSOL Energy Guides for a Stronger Finish
Diversified fuel producer CONSOL Energy Inc. (CNX) provided guidance for coal exports in the range of 10 to 10.5 million tons for 2011, up from the initial coal exports outlook of 10 million tons. CONSOL Energy is quite confident that the export market will remain strong for...
24Sep2011 | vitalstocks | 0 comments | Continued(BAC) Company News for September 6, 2011 – Corporate Summary
• Expedia Inc. (NASDAQ:EXPE) announced that its chief financial officer, Michael Adler, will vacate his position after the spin-off of TripAdvisor, and will be replaced by Mark Okerstrom, currently senior vice president of corporate development • Houston-based...
6Sep2011 | vitalstocks | 0 comments | Continued(ADSK) Company News for August 31, 2011 – Corporate Summary
• DSW Inc. (NYSE:DSW) posted Q2 EPS of $0.74, surpassing the Zacks Consensus Estimate of $0.61 per share. Revenues for the quarter rose 14.7% to $476.3 million • Barnes and Noble (NYSE:BKS) reported a Q1 loss of $0.94 which came in better than the Zacks Consensus...
31Aug2011 | vitalstocks | 0 comments | Continued(NRP) Natural Resource Partners L.P. Beats Expectations – Increases Guidance
Natural Resource Partners L.P. (NRP) announced its second-quarter 2010 operating earnings of 48 cents per unit, surpassing the Zacks Consensus Estimate by 4 cents. The results of the partnership were a dime ahead of the year-ago figure. Revenue Total revenue at Natural Resource...
5Aug2011 | vitalstocks | 0 comments | Continued(ACI) Coal Industry Stock Review – August 2011 – Industry Outlook
The rebound phase for the coal industry from the 2008-2009 turmoil continued in 2011. The global economic outlook started improving following the turmoil of late 2008. The U.S. economy came out of the recession in the summer of 2009 and has been in a recovery mode since then,...
2Aug2011 | vitalstocks | 0 comments | Continued(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall...
18Jul2011 | vitalstocks | 0 comments | Continued(BLUD) Company News for July 6, 2011 – Corporate Summary
• Share prices of Southern Union Co. (NYSE:SUG) rose 4.21% to close at $42.07 after Energy Transfer Equity, L.P. (NYSE:ETE) increased its bidding amount by 21% to $5 billion for the company, beating William’s (NYSE:WMB) bid of $4.9 billion • U.S. mining...
6Jul2011 | vitalstocks | 0 comments | Continued(CNX) CONSOL Energy Closes Uncompetitive Mine
Coal and natural gas company CONSOL Energy Inc. (CNX) announced the closure of its Mine 84, located near Washington, Pennsylvania. The company said the mine which had been in operation for decades producing thermal and metallurgical coal is no longer competitive. The company...
30Jun2011 | vitalstocks | 0 comments | Continued(BTU) Peabody Energy Acquires Australian Mine
Coal miner Peabody Energy Corp. (BTU) has signed an acquisition deal with Thiess Investments Pty Ltd to buy the remaining 5% joint venture interest in an Australian coal mine, the Burton Mine, for AU$35 million. Peabody had acquired 95% of Burton in April 2004. The acquisition...
30Jun2011 | vitalstocks | 0 comments | Continued(ADBE) Company News for June 22, 2011 – Corporate Summary
• Walgreen Co. (NYSE:WAG) reported Q3 EPS of $0.65, above the Zacks Consensus Estimate of $0.62 per share. Revenues for the quarter grew 6.8% year-over-year to $18.37 billion, beating the Zacks Consensus Estimate of $18.277 billion • Adobe (NASDAQ:ADBE) reported...
22Jun2011 | vitalstocks | 0 comments | Continued(NRP) Natural Resource Partners L.P. Unit Issuing Senior Notes
Natural Resource Partners L.P. (NRP) announced that its subsidiary NRP (Operating) LLC issued the previously announced $50 million of senior notes yielding interest of 5.03% per year and maturing on December 1, 2026. The partnership intends to utilize the proceeds to fund future...
20Jun2011 | vitalstocks | 0 comments | Continued(ACI) Arch Coal Finalizes International Coal Group Deal
Arch Coal Inc. (ACI) announced the successful closing of the merger deal with International Coal Group Inc. (ICO). Following the completion of the acquisition International Coal will operate as a wholly owned subsidiary of Arch. As part of the merger, Arch completed a previously...
17Jun2011 | vitalstocks | 0 comments | Continued(CLF) Cliffs Natural Resources Sells Unit
Freewest Resources Canada Inc., a wholly owned subsidiary of Cliffs Natural Resources Inc. (CLF) entered into an agreement to sell its two mineral properties to Viking Gold Exploration Inc. (TSXV:VGC), subject to the approval of the TSX Venture Exchange and certain other closing...
10Jun2011 | vitalstocks | 0 comments | Continued(CLF) Cliffs Natural Resources Restarts Mining at Oak Grove
Cliffs Natural Resources Inc. (CLF) announced that it has resumed underground mining at its Oak Grove coal mine in Alabama but was not able to ship coal from the site because of damage to the above-ground facilities. On April 27, 2011, severe weather and a tornado had snapped...
10May2011 | vitalstocks | 0 comments | Continued(FMCN) Meet The Warren Buffett of China and His Next Move
by Carl Delfeld, Investment U’s Emerging Markets Expert Tuesday, May 3, 2011: Issue #1504 Move over Li Ka-Shing. Guo Guangchang, along with three partners, began investing in China in 1992 with a paltry $4,000 grubstake. Their holding company, Fosun International, has since...
3May2011 | InvestmentU | 0 comments | Continued(CLF) Cliffs Natural Resources Reports Excellent First Quarter
Amidst seasonally slow quarter, Cliffs Natural Resources Inc. (CLF) posted record revenues and earnings in the first quarter of 2011. Net earnings of $423 million or $3.11 per share in the first quarter were 449%, above last year’s $77 million or 57 cents. Earnings surpassed...
3May2011 | vitalstocks | 0 comments | Continued(GS) Earnings Boost For Stocks – Ahead of Wall Street
Tuesday, April 19, 2011 Following the uncomfortable reminder from the S&P yesterday about the nation’s financial health, stocks will likely go back to ‘normal’ behavior today. Helping the market shift its focus is positive earnings reports from two major...
19Apr2011 | vitalstocks | 0 comments | Continued(CLF) Cliffs Natural Resources Settles Dispute with ArcelorMittal
North America’s largest iron-ore producer,Cliffs Natural Resources Inc. (CLF), reached an agreement with steel giant ArcelorMittal (MT) to settle disputes over price reopener entitlements for 2009 and 2010 and pellet. Cliffs will get a payment of around $250 million to $270...
13Apr2011 | vitalstocks | 0 comments | Continued(PTR) China’s Mining Companies Begin Moving Overseas
by Tony D’Altorio, Investment U Research Monday, April 11, 2011 Not long ago, I wrote about how Chinese oil companies like PetroChina (NYSE: PTR) and CNOOC Ltd. (NYSE: CEO) are shifting their focus beyond their own backyard and have begun to expand overseas. Over the past...
12Apr2011 | InvestmentU | 0 comments | Continued(EU) Stock Market News for March 17, 2011 – Market News
Indices washed out most of the gains of 2011 and plunged significantly as benchmarks S&P 500 and Nasdaq moved into negative territory for the year and the Dow had its worst showing in eight months. On the second-busiest trading day of the year, the crisis in Japan worsened...
18Mar2011 | vitalstocks | 0 comments | Continued(GDP) Coal Industry Outlook – March 2011 – Industry Outlook
The outlook for the coal industry has taken a turn after the long spell of weakness experienced in 2008 and 2009, driven by several powerful trends in the U.S. and Asia. Recent economic indicators suggest that the U.S. economy is regaining its stability, and sees a rebound in...
17Mar2011 | vitalstocks | 0 comments | Continued(BTU) Peabody Energy Improves Asian Exports
St. Louis-based Peabody Energy Corporation (BTU) has signed an agreement with Indonesia’s PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal to improve exports. Indonesia is the world’s largest supplier of seaborne thermal coal. Peabody said that the...
4Mar2011 | vitalstocks | 0 comments | Continued(CNX) CONSOL Energy Reports Increased Proven Gas Reserves
Diversified fuel producer CONSOL Energy Inc. (CNX) revealed details about its reserves for 2010. The proved gas reserves of the company increased to 3.7 trillion cubic feet (Tcf) in 2010 from 1.9 Tcf at the end of 2009. Of the total reserves under the company 52% are proved developed...
11Feb2011 | vitalstocks | 0 comments | Continued(WLT) Coal Demand Ramps Up in Emerging Markets
by Tony D’Altorio, Investment U Research Tuesday, November 30, 2010 What’s dirty and out of fashion, but everybody wants it? That would be coal, both the coking kind used to make steel, and the thermal coal used to fire power plants. Over the past year or so, coal consumption...
1Dec2010 | InvestmentU | 0 comments | Continued(EIA) Coal Industry Outlook – October 2010 – Industry Outlook
The outlook for the coal industry has revived materially from the weakness experienced in 2008 and 2009, driven by several powerful trends in the U.S. and Asia. Various recent economic indicators suggest that the U.S. economy regaining its stability, bringing about a rebound...
21Oct2010 | vitalstocks | 0 comments | Continued(BP) U.S. Industrial Production Up Again in August
Total Industrial Production rose by 0.2% in August, which was a tick less than the 0.3% rise that was expected. It was also slower than the 0.6% rise in July. The July number was revised down from a 1.0% increase, but June was revised to an increase of 0.1% from a decline of...
15Sep2010 | vitalstocks | 0 comments | Continued(BTU) Peabody Energy Forms Mongolian Joint Venture
Coal producer Peabody Energy Corp. (BTU) joined forces with Winsway Coking Coal Holdings Ltd. to form a Mongolian joint venture. The collaboration, Peabody-Winsway Resources, was formed after Winsway acquired a 50% interest in the joint venture from Polo Resources. Winsway is...
4Jul2010 | vitalstocks | 0 comments | Continued(BTU) Coal Industry Review & Outlook – June 2010 – Industry Outlook
Our near-term (6-18 months) outlook for the coal industry has improved somewhat from our previous neutral sentiment to a more positive undertone. Various recent economic indicators suggest that the U.S. economy appears to be stabilizing. According to the U.S. Energy Information...
22Jun2010 | vitalstocks | 0 comments | Continued