Kahn Swick & Foti, LLC and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 27, 2020 to file lead plaintiff applications in a securities class action lawsuit against Peabody Energy Corp. , if they purchased the Company’s shares between April 3, 2017 and October 28, 2019 [...]
Peabody today announced that the U.S. District Court concluded its review and is supporting Federal Trade Commission efforts to block the formation of the joint venture combining the companies' Powder River Basin and Colorado assets. "We are deeply disappointed with the court's decision as the intense all-fuels competition is clearly apparent to [...]
Challenging seaborne market conditions weigh on results; U.S. thermal operations respond well despite reduced scale; Continued secular decline and reduction in long-term natural gas price assumptions contributed to $1.42 billion impairment charge at NARM; Evaluating strategic financing alternatives Peabody today announced its second quarter 2020 [...]
On Wednesday, August 5, 2020, Peabody will announce results for the quarter ended June 30, 2020. A conference call with management is scheduled for 10 a.m. CDT on Wednesday, August 5. The call, replay and other investor data will be available at PeabodyEnergy.com. Participants may also access the call using the following phone numbers: U.S. and [...]
Peabody today announced that William "Bill" Champion has been appointed to the company's Board of Directors. Most recently, Champion was Principal at Gladiator Mining Group LLC and previously served in several executive management roles at Rio Tinto Plc, including as Managing Director of Rio Tinto's former Australian coal assets. Separately, Teresa [...]
Peabody announced today Mark Spurbeck has been named Executive Vice President and Chief Financial Officer. Mark joined Peabody in early 2018 and has most recently served as the company's Senior Vice President and Interim Chief Financial Officer since January 2020. "We are pleased for Mark to officially step into this key leadership post," said [...]
Ensuring the health and safety of employees and communities, and safeguarding financial flexibility during COVID-19; Implemented cost reduction activities with further actions underway, goal for all mines to demonstrate path to cash generation at lower pricing levels; Suspending 2020 guidance given global economic uncertainty. Peabody today [...]
On Wednesday, April 29, 2020, Peabody will announce results for the quarter ended March 31, 2020. A conference call with management is scheduled for 10 a.m. CDT on Wednesday, April 29. The call, replay and other investor data will be available at PeabodyEnergy.com. Participants may also access the call using the following phone numbers: U.S. and [...]
Peabody announced today that is has changed the format of its upcoming annual meeting of stockholders being held on May 7, 2020 at 9 a.m. to a virtual meeting only. Stockholders may attend and participate in the meeting online via live audio webcast, but will not be able to attend the meeting in person. The move to a solely virtual meeting format [...]
Emphasizing that the case for combining assets has only grown stronger in recent months, Arch Coal and Peabody today announced that they intend to continue to pursue creation of a joint venture to strengthen coal's competitiveness with other energy sources and create substantial value for multiple stakeholders. The announcement follows a negative [...]
Emphasizing that the case for combining assets has only grown stronger in recent months, Peabody and Arch Coal today announced that they intend to continue to pursue creation of a joint venture to strengthen coal's competitiveness with other energy sources and create substantial value for multiple stakeholders. The announcement follows a negative [...]
Peabody announced today that it will appoint several new members to the company's Board of Directors in conjunction with the February Board meeting, including Elliott Management Equity Partner Dave Miller, Elliott Management Portfolio Manager Samantha Algaze and tenured coal industry executive Darren Yeates. Peabody and Elliott have also agreed to [...]
