Coal stocks across the board fell sharply last week as Obama's re-election increased speculation that more regulations may be on the way for the already struggling industry. Both the Market Vectors Coal ETF (KOL) and the PowerShares Global Coal ETF (PKOL) both fell over 5 percent last week. The Paragon Report examines investing opportunities in the [...]
RICHMOND, Va., Nov. 7, 2012 /PRNewswire/ -- James River Coal Company (NASDAQ: JRCC), today announced that it had net loss of $20.6 million or $0.59 per diluted share for the third quarter of 2012 and net loss of $62.0 million or $1.78 per diluted share for the nine months ended September 30, 2012. Included in the third quarter [...]
Coal stocks have struggled in 2012 as abundant supplies and historically low prices have made natural gas a cheaper alternative for utilities. Natural gas futures in April plummeted to a 10 year low of $1.91 per thousand cubic feet. The Market Vectors-Coal ETF (KOL) -- which seeks to replicate the price and yield return performance of the Stowe [...]
RICHMOND, Va., Oct. 22, 2012 /PRNewswire/ -- James River Coal Company (NASDAQ:JRCC), will release its third quarter results for 2012 before the market opens on November 7, 2012. The Company will hold its quarterly conference call and webcast on the same day at 11:00 a.m. Eastern Time.The conference call will be open to the public. [...]
JAKARTA, INDONESIA -- (Marketwire) -- 10/22/12 -- Moments ago, DividendSeeker.net introduced new coverage of Peabody Energy Corporation (NYSE: BTU) and James River Coal Company (NASDAQ: JRCC). Full outlook, analysis and consensus opinion is available to readers via the links below [...]
Coal stocks surged last Friday on speculation that steel demand was on the rise. Rising rebar prices in China have boosted prices for iron ore and analysts have speculated that metallurgical coal, used to make steel, may also soon be on the rise. Five Star Equities examines the outlook for companies in the Coal Industry and provides equity research [...]
The Coal Industry has been hit hard in 2012 as vast amounts of natural gas unlocked from shale deposits have made it a cheaper alternative to coal. Recent data released from the Energy Department has shown that the amount of gas used by power companies has risen 32 percent during the first half of the year, while coal usage has dropped 18 percent [...]
The Securities Arbitration Law Firm of Klayman & Toskes, P.A. ('K&T?), www.nasd-law.com, announced today that it is investigating claims on behalf of James River Coal Co. (NasdaqGS: JRCC) shareholders who sustained investment losses due to an over-concentration of sha ...
Shares of companies in the coal industry have lagged in the market in 2012. The Market Vectors-Coal ETF (KOL) has fallen over 30 percent this year. Five Star Equities examines the outlook for companies in the Coal Industry and provides equity research on Arch Coal and James River Coal Company
Better than expected second quarter earnings from James River Coal sparked a rally in coal stocks Thursday. "The thermal market is just beginning to show signs of recovery," said James River Coal's Chairman and CEO Peter Socha. "We believe that this is due to production cutbacks throughout the industry as well as improved demand for both coal and [...]
RICHMOND, Va., Aug. 9, 2012 /PRNewswire/ -- James River Coal Company (NASDAQ: JRCC), today announced that it had net loss of $25.8 million or $0.74 per diluted share for the second quarter of 2012 and net loss of $41.4 million or $1.19 per diluted share for the six months ended June 30, 2012. The 2012 results are compared to net income [...]
Coal stocks soared last Friday after Arch Coal posted a better-than-expected earnings report and a positive forecast for thermal coal demand in the U.S. The Market Vectors-Coal ETF (KOL) -- which replicates an index that provides exposure to publicly traded companies worldwide that derive greater than 50% of their revenues from the coal industry [...]