All Posts Tagged With: "ACI"
(WTI) Energy and Commodities For 2012
by David Fessler, Investment U Senior Analyst Wednesday, December 21, 2011: Issue #1669 As my colleagues have done earlier this week, I’m now putting myself in the hot seat with regards to my prognostications from a year ago. Around this time last year, I opined that commodities...
15Jan2012 | InvestmentU | 0 comments | Continued(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(ACI) Arch Coal Incorporated – Bear of the Day
Arch Coal, Inc.’s (ACI) third quarter missed on account of the Midwestern flooding and the geological challenges in Appalachia. This was offset in part by improved metallurgical coal shipments and robust met coal pricing. Going forward, increased regulation and alternate...
2Dec2011 | vitalstocks | 0 comments | Continued(ACI) Coal Outlook Promising for Investors
by David Fessler, Investment U Senior Analyst Thursday, October 6, 2011 Earlier, I talked about the 25-year outlook for liquid fuels based on the Energy Information Administration’s (EIA) International Energy Outlook 2011. It’s the EIA’s annual 25-year energy forecast,...
13Oct2011 | InvestmentU | 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(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(AMGN) Debt Ceiling Debate and Dismal GDP Add To Market Stress
The debt debate continues to steal the spotlight from earnings and economic reports. The stock market has lost ground in recent days due to this uncertain environment even as corporate earnings reports have broadly come ahead of expectations. With both sides in the debt debate...
31Jul2011 | vitalstocks | 0 comments | Continued(DNDN) Dendreon Gets FDA Clearance on Second Facility
Dendreon Corporation (DNDN) recently received clearance from the U.S. Food and Drug Administration (FDA) to expand manufacturing facility for its cancer vaccine Provenge, in the U.S. The company’s Los Angeles facility can now be operational with 36 workstations. These facilities...
1Jul2011 | 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(ACI) Company News for June 30, 2011 – Corporate Summary
• Share prices of Campbell Soup Co. (NYSE:CPB) gained 2.79% after the company’s decision to axe 770 employees of the company globally was given the green signal by its investors. Campbell Soup also announced it was shutting down a plant in Russia • VeriSign,...
30Jun2011 | vitalstocks | 0 comments | Continued(ACI) U.S. Coal Production: What Investors Need to Know
by David Fessler, Investment U Senior Analyst Tuesday, June 28, 2011: Issue #1544 Last week, I wrote about Indonesia’s booming thermal coal export business. It’s the largest exporter of thermal coal in the world, and business is booming, primarily due to demand from India...
29Jun2011 | InvestmentU | 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(DNDN) Dendreon Corporation Cuts Loss on Provenge Sales
Dendreon Corporation’s (DNDN) first quarter 2011 loss (including stock-based compensation expense but excluding other special items) of 69 cents per share was in line with the Zacks Consensus Estimate. Loss was, however, much narrower than the year-ago loss of 94 cents per...
3May2011 | vitalstocks | 0 comments | Continued(AA) Company News for May 03, 2011 – Corporate Summary
• Arch Coal, Inc. (NYSE:ACI) and International Coal Group, Inc. (NYSE:ICO) announced that they have signed a definitive agreement under which Arch will acquire all of the outstanding shares of ICG for $14.60 per share in an all-cash transaction valued at $3.4 billion • ...
3May2011 | vitalstocks | 0 comments | Continued(DNDN) Dendreon Learns Medicare May Pay for Provenge Prostate Cancer Vaccine
Dendreon Corporation (DNDN) received a huge boost today when the Centers for Medicare and Medicaid Services (CMS) proposed to pay for its lead prostate cancer vaccine Provenge. Provenge was approved in the US in April last year and is marketed since May 2010. It is currently...
10Apr2011 | 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(ACI) Company News for January 31, 2011 – Corporate Summary
• Arch Coal (NYSE:ACI) reported Q4 EPS of $0.33, ex-items, below the Zacks Consensus Estimate of $0.46 per share. Revenues for the quarter rose 15% to $835.4 million, lower than the Zacks Consensus Estimate of $869.0 million • T. Rowe Price (NASDAQ:TROW) reported Q4 EPS...
31Jan2011 | vitalstocks | 0 comments | Continued(WLT) Walter Energy Buys Mobile River Terminal from U. S. Steel Subsidiary
The producer and exporter of premium coal Walter Energy Inc. (WLT) announced that it has acquired the assets of Mobile River Terminal Co. in Mobile, Alabama from a subsidiary of U. S. Steel Corp.(X). The company will use the premium coal from these assts for export to its global...
27Dec2010 | vitalstocks | 0 comments | Continued(AAPL) Company News for November 1, 2010 – Corporate Summary
• Baker Hughes (NYSE:BHI) posted third quarter earnings of $0.54, $0.07 better-than-expected, on an 83% revenue surge to $4.1 billion, up from Street estimates of $3.8 billion • Humana (NYSE:HUM) beat estimates by $0.35 with third quarter adjusted earnings of $2.01, versus...
1Nov2010 | vitalstocks | 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(IBM) International Business Machines Partners with India’s Jet Airways
International Business Machines Corp. (IBM) has entered into a ten-year agreement, worth $62 million, with India’s leading international airline, Jet Airways. Under the terms of the agreement, IBM will provide IT infrastructure and application support services including employee...
23Sep2010 | 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(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 the main long-wall mining system. Following the detection of...
25May2010 | vitalstocks | 0 comments | Continued(ACI) Arch Coal Invests $3 Billion in ADA-ES Incorporated
Arch Coal Inc. (ACI) has announced plans to invest $3 billion in ADA-ES Inc. (ADES) to fund near-term growth opportunities. As the first step, Arch purchased 143,885 shares of ADA for $1.0 million. The remaining $2.0 million of Arch’s investment is a consideration for an exclusive...
25Mar2010 | vitalstocks | 0 comments | Continued(ACI) Arch Coal Increases Powder River Basin Exposure
Arch Coal Inc. (ACI) announced that it has bid successfully for a state coal lease in Montana. The company made a one-time bonus bid of $85.8 million, payable in April 2010, for the right to mine about 8,300 acres of state-owned minerals in the Otter Creek Tracts in southeastern...
19Mar2010 | vitalstocks | 0 comments | Continued(ACI) Arch Coal Buys Stake in Texas Power Plant
Arch Coal Inc. (ACI) that it purchased 35% equity interest in a Texas power plant as part of its ongoing pursuit of technology meant to reduce damaging greenhouse gas emissions. The Trailblazer Energy Center near Sweetwater, Texas is being developed by Tenaska Inc. Arch’s...
12Mar2010 | vitalstocks | 0 comments | Continued(ACI) Arch Coal Misses Expectations – Profits Fall
Arch Coal Inc. (ACI) posted a net income of 11 cents per share for the fourth quarter of 2009, below the Zacks Consensus Estimate of 16 cents and the reported net income of 44 cents per share during the same period last year. For the full year 2009, the company reported earnings...
1Feb2010 | vitalstocks | 0 comments | Continued