All Posts Tagged With: "BTU"
(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...
(ACI) Arch Coal Restarts Production Dugout Canyon Mine in Carbon County
Canyon Fuel Company, a subsidiary of Arch Coal Inc. (ACI), has resumed coal production at its Dugout Canyon Mine in Carbon County, Utah. The production has been restarted with all mining equipment Incorporatedluding...
(BTU) Macarthur Coal Limited Exits Merger Plan With Peabody Energy
Australian miner Macarthur Coal Limited exited the merger proposal of Peabody Energy Corp. (BTU) after the company revised its offer last week.
Last week, Peabody had slashed its bid...
(GE) In March, U.S. Trade Deficit Rises Again
In March, the Trade Deficit rose to $40.42 billion from $39.43 billion in February, and increase of 3.04%. A year ago, the trade deficit was $28.74 billion, so it is up a whopping 43.74% from then.
It is still, however, well below the $60+ billion trade...
(BTU) Peabody Energy Corporation Strikes Again – Offers $3.8 Billion
The war between Peabody Energy Corporation (BTU) and Australia’s New Hope Corporation for the takeover of Macarthur Coal Limited is in full swing. Peabody Energy again raised its Macarthur bid to $3.8 billion,...
(FCX) U.S. Industrial Production Inches Higher
In March, total Industrial Production rose by 0.1%. While that is a slowdown from recent growth rates, and far below consensus expectations of 0.7% growth, if one looks beyond the headline number, it is actually a fairly positive report.
For starters,...
(BTU) Peabody Energy Corporation is in Talks with Coal India
Peabody Energy Corp. (BTU) said that it is in preliminary talks with Coal India for long-term coal supplies and other possible co-operative ventures. However, the company said there has been no agreements...
(BTU) Macarthur Rejects Peabody Energy Corporation’s Raised Bid
Macarthur Coal has rejected Peabody Energy Corporation’s (BTU) raised bid worth A$3.56 billion (US$3.3 billion).
In an effort to abandon Macarthur’s proposal to acquire Gloucester Coal Limited,...
(BTU) Peabody Energy Bid to Buy Australia’s Macarthur Coal Limited is Declined
Australia’s Macarthur Coal Limited declined Peabody Energy Corporation’s (BTU) takeover bid of $3.0 billion, saying it undervalues the company and its growth prospects.
Macarthur holds 145 million...
(BTU) Peabody Energy Corporation to Cut CO2 Emissions
Peabody Energy Corp. (BTU) signed an agreement with GreatPoint to pursue development of coal-to-gas and coal-to-hydrogen projects in the U.S. and around the world with carbon capture and storage (CCS) that...
(JOYG) Joy Global – Emerging Markets Driving Growth
Joy Global (JOYG) is a play on global economic growth with a decent dividend yield.
Company Description
Joy Global is a pure play on the global mining sector. It is a leader...
(BHP) Thermal Coal Investments: China Fires Up a New Age for This Commodity
by Tony Daltorio, Investment U Research
Monday, February 1, 2010
The price of thermal coal recently broke through the psychological $100 barrier for the first time in more than a year, just as a wave of brutally cold weather and heavy snow hit China....
(BTU) Peabody Energy Corporation Tops Expectations – Outlook Robust
Peabody Energy Corporation (BTU) reported fourth-quarter and full-year 2009 earnings of 43 cents and $1.92 per share, respectively, beating the Zacks Consensus Estimate of 30 cents and $1.78. However, the...
(MEE) Disappointing Quarter for Massey Energy
Massey Energy Co. (MEE) the largest coal company in Central Appalachia, Virginia – announced third-quarter earnings of 19 cents per share, which was in line with the Zacks Consensus Estimate. However,...
(BTU) Peabody Energy Corporation Beats Expectations
Coal miner Peabody Energy Corp. (BTU) reported third-quarter earnings of 49 cents per share, beating the Zacks Consensus estimate of 22 cents. However, the quarterly results were down 70.4% from the year ago earnings of $1.35 per share.