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Dahlman Rose & Co. Maintains Patriot Coal Corporation Rating
Friday, October 22, 2010 - 9:27am | 143Patriot Coal Corporation (NYSE: PCX) offered a conservative estimate of its 2011 thermal coal sales, indicating for the first time a 22.8MM ton expectation from both Appalachia and the Illinois Basin, Dahlman Rose & Co. reports. “Patriot reported 3Q10 adjusted EBITDA of $13MM versus our...
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Uranium Energy Corp Announces Private Placement at $3.40 per Share
Friday, October 22, 2010 - 9:07am | 152Uranium Energy Corp (UEC) announces that it has entered into definitive agreements to sell units of the Company by way of private placement, with each Unit consisting of one common share of the Company's common stock and one-half of one common stock share purchase warrant, for aggregate gross...
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Natural Resource Partners L.P. Declares Quarterly Distribution of 54 Cents
Friday, October 22, 2010 - 9:03am | 50Natural Resource Partners L.P. (NYSE: NRP) announced today that the Board of Directors of its general partner has declared a third quarter 2010 distribution of $0.54 per unit for NRP. The distribution will be paid on November 12, 2010 to unitholders of record on November 5, 2010.
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Patriot Beats Market Pessimism - Analyst Blog
Thursday, October 21, 2010 - 7:33pm | 627Coal producer Patriot Coal Corporation's (PCX) third quarter loss came in at 51 cents per share, better than the Zacks Consensus Estimate of a loss of 56 cents. The company reported earnings of 58 cents in the year-ago quarter. Operating Highlights Revenues dropped slightly compared to last...
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Arch Coal Announces Quarterly Dividend
Thursday, October 21, 2010 - 4:36pm | 43The board of directors of Arch Coal, Inc. (NYSE: ACI) today declared a quarterly cash dividend of $0.10 per share on the company's common stock. The dividend is payable November 15, 2010 to shareholders of record on November 1, 2010.
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Peabody Energy Raises Dividend 21% to $0.085
Thursday, October 21, 2010 - 11:13am | 46The board of directors of Peabody Energy (NYSE: BTU) today approved a 21 percent increase in the regular quarterly dividend on common stock, to $0.085 per share. The increased dividend is payable on Nov. 26, 2010, to holders of record on Nov. 4, 2010.
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Zacks Industry Outlook Highlights: BTU,ACI,CNX,AHGP,ARLP - Press Releases
Thursday, October 21, 2010 - 10:33am | 1160For Immediate Release Chicago, IL – October 21, 2010 – Today, Zacks Equity Research discusses the Coal Industry, including Peabody Energy Corporation (BTU), Arch Coal Inc. (ACI), CONSOL Energy Inc. (CNX), Alliance Holdings GP L.P. (AHGP) ) and Alliance Resources Partners L.P. (ARLP ). A synopsis...
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Zacks Bull and Bear of the Day Highlights: RCL,CNX,MS,ABT,BIIB - Press Releases
Thursday, October 21, 2010 - 10:33am | 1984For Immediate Release Chicago, IL – October 21, 2010 – Zacks Equity Research highlights: Royal Caribbean (RCL) as the Bull of the Day and CONSOL Energy (CNX) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Morgan Stanley (MS), Abbott Laboratories (ABT) and Biogen (...
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CONSOL Energy (CNX) - Bear of the Day
Thursday, October 21, 2010 - 3:06am | 136We have downgraded our recommendation on CONSOL Energy (CNX) to Underperform, primarily due to disappointing third-quarter coal production results. Concerns regarding the formulation of stricter safety legislations and rigid penalties on underground mining, due to the recent Upper Big Branch mine...
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Coal Industry Outlook - Oct. 2010 - Zacks Analyst Interviews
Wednesday, October 20, 2010 - 7:09pm | 2482The 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 in various industries...
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Coal Industry Outlook - Oct. 2010 - Industry Outlook
Wednesday, October 20, 2010 - 7:09pm | 2482The 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 in various industries...
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
Wednesday, October 20, 2010 - 7:09pm | 346Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: ACI Worldwide Inc (ACIW) Advance Auto Parts Inc (AAP) Alliance Holdings GP L.P. (AHGP) AnnTaylor Stores Corp (ANN) Assured Guaranty Ltd (AGO) View the entire Zacks #1 Rank List. ADVANCE AUTO PT (AAP): Free Stock Analysis...
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Coal Industry Outlook - Oct. 2010 - Industry Outlook
Wednesday, October 20, 2010 - 6:54pm | 2482The 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 in various industries...
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Coal Stocks On Fire (WLT, ANR, MEE)
Wednesday, October 20, 2010 - 3:02pm | 148The coal group is burning up today, as commodities in general are back into gear and firing on all cylinders. Shares of Walter Energy, Inc. (NYSE: WLT), which is a metallurgical coal producer, is up 5.4% to $88.31, a gain of $4.50. Walter Energy, Inc. produces and exports metallurgical coal for the...
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Top Narrow Based Indexes For October 20 (URZ, ARTW, HA)
Wednesday, October 20, 2010 - 1:23pm | 195By 1:02 pm, the Dow Jones Industrial Average was up 156.44 points, or 1.42%, to 11,135.06, while the broader Standard & Poor's 500 index had gained 15.55 points, or 1.33%. The NASDAQ composite index rose 28.13 points, or 1.15%. Some of the narrow based indexes that are driving the market are...