Coal & Consumable Fuels

Westmoreland Coal Company (Nasdaq: WLB) today announced that it has commenced a registered exchange offer to exchange any and all of its $150,000,000 aggregate principal amount of 10.75% Senior Secured Notes due 2018 that were issued in a private placement for an equal principal amount of its 10.75...

Westmoreland Coal Company (Nasdaq: WLB) today announced that it has commenced a registered exchange offer to exchange any and all of its $150,000,000 aggregate principal amount of 10.75% Senior Secured Notes due 2018 that were issued in a private placement for an equal principal amount of its 10.75...

Shares of Alpha Natural Resources (NYSE: ANR) are lower on the session by 1.95%, currently trading at $41.71. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short...

Australia's Macarthur Coal, the world's largest maker of pulverized coal, is continuing its search for alternative takeover offers to the $5.2 billion offered by a joint venture formed by Peabody Energy (NYSE: BTU) and Arcelor Mittal (NYSE: MT), adding that it does not consider the offer from the...

Ur-Energy Inc. (NYSE: URG) announces that Wayne W. Heili assumed the role of President and Chief Executive Officer of Ur-Energy on August 1, 2011. The Board of Directors of the Company announced Mr. Heili's appointment on May 17, 2011. Mr. Heili joined Ur-Energy as Vice President, Mining &...

Notable gainers this morning: Old National Bancorp (NYSE: ONB) +9.41% on upbeat earning. Terra Nitrogen Company (NYSE: TNH) +5.84% on heavy volume. Net Servicos de Comunicacao SA (NASDAQ: NETC) +4.85% VirnetX Holding Corporation (NYSE: VHC) +4.41% on heavy volume Alliance Resource Partners...

This is your Benzinga news summary and traders' outlook for Monday, August 1, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher and the U.S. Dollar lower after Republican and Democratic leaders in...

Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT) today confirm that following the recent completion of due diligence they intend to launch an all-cash off-market takeover bid to acquire all the shares in Macarthur Coal Ltd. Under the offer, Macarthur shareholders will be offered A$15.50...

Quarterly reports of note scheduled for this week include those from Archer Daniels Midland (NYSE: ADM), General Motors (NYSE: GM), MasterCard (NYSE: MA), Procter & Gamble (NYSE: PG) and Time Warner (NYSE: TWX), all of which are expected to post earnings growth, as well as Pfizer (NYSE: PFE)...

The largest offshore oil producer in China, CNOOC Ltd. (CEO), just paid $2.1 billion for the Canadian oil company Opti Canada last week. This in spite of the fact that Opti had been suffering from severe financial problems. In addition, CNOOC was just upgraded by from Neutral to Buy by UBS. The...

Gabelli is out with its report today on Consol Energy (NYSE: CNX), reiterating Buy. In a note to clients, Gabelli writes, "We reiterate our buy recommendation given Consol's unique position as a leading coal and gas producer. CNX is trading at a 28% discount to our 2011E PMV of $74 which gives the...

Quantum (NYSE: QTM) is trading down 11% after being cut to Neutral by Sterne Agee. Netgear (NASDAQ: NTGR) is trading down over 9% after quarterly results yesterday. Ancestry.com (NASDAQ: ACOM) is trading down over 7% after reporting earnings yesterday. Arch Coal (NYSE: ACI) is trading down over 7%...

Chevron Corporation (NYSE: CVX) is projected to report its Q2 EPS at $3.56 on revenue of $71.58 billion. Aon Corporation (NYSE: AON) is expected to report its Q2 EPS at $0.82 on revenue of $2.74 billion. Newell Rubbermaid Inc (NYSE: NWL) is estimated to report its Q2 EPS at $0.42 on revenue of $...

Below are the top large-cap industrial metals & minerals stocks on the NYSE and the NASDAQ in terms of PEG ratio Cliffs Natural Resources Inc (NYSE: CLF) has a PEG ratio of 0.34. CLF's trailing-twelve-month ROE is 38.47%. Peabody Energy Corporation (NYSE: BTU) has a PEG ratio of 0.58. BTU's...

Wells Fargo has upgraded Alliance Resources Partners (NASDAQ: ARLP) to Market Perform.