Peabody Energy Announces Court Approval Of First-Day Motions Allowing Business Operations To Proceed In Ordinary Course
PR Newswire - Thu Apr 14, 5:13PM CDT
Peabody Energy Corporation (OTC: BTUUQ) today announced that first-day motions to help facilitate continued operations in the ordinary course of business while the company operates under Chapter 11 protection were approved by Judge Barry S. Schermer of the U.S. Bankruptcy Court for the Eastern District of Missouri.
BTU: 2.07 (unch)
Fitch Downgrades Peabody Energy's IDR to 'D'; 1st Liens to 'C'
BusinessWire - Wed Apr 13, 4:51PM CDT
Fitch Ratings has downgraded Peabody Energy Corporation's (Peabody; NYSE: BTU) long-term Issuer Default Rating (IDR) to 'D' from 'C'. The company and its U.S. subsidiaries have filed for bankruptcy protection under chapter 11 of the bankruptcy code. Approximately $8.4 billion in face amount of obligations is affected by today's rating actions. A complete list of rating actions follows at the end of this release.
BTU: 2.07 (unch)
Why Peabody Energy Threw in the Towel
Travis Hoium, The Motley Fool - Motley Fool - Wed Apr 13, 2:12PM CDT
On Wednesday, Peabody Energy at last gave in to the financial pressure that's been crushing the coal industry for nearly a decade. Following the bankruptcy of Arch Coal, Alpha Natural Resources, Patriot Coal, and Walter Energy, Peabody is the...
BTU: 2.07 (unch)
Peabody, largest US coal miner, seeks bankruptcy protection
By JIM SALTER - AP - Wed Apr 13, 12:58PM CDT
ST. LOUIS (AP) — Peabody Energy, the nation's largest coal miner, filed for bankruptcy protection Wednesday as a crosscurrent of environmental, technological and economic changes wreak havoc across the industry.
BTU: 2.07 (unch)
Amid Prolonged Industry Downturn, Peabody Energy Takes Major Step To Strengthen Liquidity And Reduce Debt Through Chapter 11 Protection
PR Newswire - Wed Apr 13, 1:24AM CDT
Taking a major step to strengthen liquidity and reduce debt amid an unprecedented industry downturn, Peabody Energy Corporation (NYSE: BTU) today voluntarily filed petitions under Chapter 11 for the majority of its U.S. entities in the United States Bankruptcy Court for the Eastern District of Missouri.1 Through this process, the company intends to reduce its overall debt level, lower fixed charges, improve operating cash flow and position the company for long-term success, while continuing to operate under the protection of the court process.
BTU: 2.07 (unch)
Coal Stock SunCoke Energy Upped to Strong Buy; Here's Why
Zacks Equity Research - Zacks Investment Research - Mon Apr 11, 2:50PM CDT
SunCoke Energy (SXC) has been upgraded to Strong Buy, thanks to its business model and steady performance.
NRP: 26.08 (-1.38), BTU: 2.07 (unch), SXC: 7.12 (-0.13), CLD: 3.31 (-0.07)
Why Alliance Resource Partners LP Shares Advanced 10.95% in March
Reuben Gregg Brewer, The Motley Fool - Motley Fool - Sun Apr 10, 2:35PM CDT
Image source: Alliance Resource Partners. What: Alliance Resource Partners LP 's units jumped a little under 11% last month. That's not a bad showing for a such a short period of time, but it hardly puts a dent in the partnership's 75%-plus...
ARLP: 18.77 (-0.45), BTU: 2.07 (unch), AHGP: 24.15 (-0.93)
SunCoke (SXC) to Shed Coal Mining Assets amid Weak Prices
Zacks Equity Research - Zacks Investment Research - Thu Apr 07, 10:20AM CDT
SunCoke Energy, Inc. (SXC) has decided to divest its coal mining assets to Revelation Energy, LLC.
NRP: 26.08 (-1.38), BTU: 2.07 (unch), CNX: 18.40 (-0.12), SXC: 7.12 (-0.13)
Peabody Energy (BTU) Crosses Pivot Point Resistance at $2.24
Comtex SmarTrend(R) - Wed Apr 06, 8:42AM CDT
Shares of Peabody Energy (NYSE:BTU) opened today above their pivot of $2.19 and have already reached the first level of resistance at $2.24. Analysts will be watching for a cross of the next upside pivot targets of $2.32 and $2.46.
BTU: 2.07 (unch)
Peabody Cuts 235 Jobs as Coal Demand Drops Further in 2016
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 3:05PM CDT
Peabody Energy (BTU) is letting go 235 workers in its North Antelope Rochelle Mine in the Powder River Basin as demand continues to drop.
NRP: 26.08 (-1.38), BTU: 2.07 (unch), CNX: 18.40 (-0.12), SXC: 7.12 (-0.13)
Peabody Energy Reduces Approximately 235 Positions At North Antelope Rochelle Flagship To Continue To Match Production With Demand
PR Newswire - Thu Mar 31, 6:00AM CDT
As a result of market conditions, Peabody Energy (NYSE:BTU) has made the difficult decision to reduce approximately 235 hourly and salaried employees from its North Antelope Rochelle Mine in the Powder River Basin to align the workforce with customer needs.
BTU: 2.07 (unch)
Penny Stocks to Buy on St. Patrick's Day... If You So Choose
ACCESSWIRE - Thu Mar 17, 10:54AM CDT
CORAL GABLES, FL / ACCESSWIRE / March 17, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. HTBX, CLF, BTU, and ELTP have been added to our watchlist today. Continue reading to find out why. - To get daily alerts on top stocks on the OTCQB, OTCQX, Nasdaq, NYSE, and OTCBB, subscribe to our newsletter at DailyStockReporter.com.
HTBX: 1.08 (+0.17), BTU: 2.07 (unch), CLF: 7.96 (-0.07)
Fitch Downgrades Peabody Energy's IDR to 'C' & 1st Liens to 'CCC-'
BusinessWire - Thu Mar 17, 9:29AM CDT
Fitch Ratings has downgraded Peabody Energy Corporation's (Peabody, NYSE: BTU) long-term Issuer Default Rating (IDR) to 'C' from 'CC'. Approximately $8.4 billion in face amount of obligations is affected by today's rating actions. A complete list of rating actions follows at the end of this release.
BTU: 2.07 (unch)
Company News for March 17, 2016
Zacks Equity Research - Zacks Investment Research - Thu Mar 17, 9:10AM CDT
Companies in the News are: BTU,TWC,CHTR,PLCM,MITL,ORCL
BTU: 2.07 (unch), CHTR: 235.79 (-0.21), TWC: 209.56 (-0.44), MITL: 7.29 (-0.02), PLCM: 12.40 (unch), ORCL: 40.71 (-0.44)
Peabody Energy and Mallinckrodt fall, Oracle advances
AP - Wed Mar 16, 3:23PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
MNK: 76.91 (+9.54), KMI: 19.79 (+0.23), BTU: 2.07 (unch), CMG: 402.64 (-11.44), AMGN: 174.15 (-0.01), LM: 33.20 (-0.68), CBS.A: 54.52 (-0.99), ORCL: 40.71 (-0.44), CBS: 51.91 (-0.19)
Peabody Energy warns it may file for bankruptcy protection
AP - Wed Mar 16, 12:02PM CDT
NEW YORK (AP) — The largest American coal miner, Peabody Energy, is delaying an interest payment due this week and warned that it may have to file for Chapter 11 bankruptcy protection.
BTU: 2.07 (unch)
Why is Peabody Energy (BTU) Stock Crashing Today?
Madeleine Johnson - Zacks Investment Research - Wed Mar 16, 10:17AM CDT
On Wednesday, shares of coal producer Peabody Energy Corp (BTU) are down over 42% in morning trading after the company warned it may file for Chapter 11 bankruptcy.
BTU: 2.07 (unch)
Natural Resources (NRP) Tops Q4 Earnings and Revenues
Zacks Equity Research - Zacks Investment Research - Mon Mar 14, 3:03PM CDT
Natural Resource Partners L.P. (NRP) reported fourth-quarter 2015 earnings of $2.34 per unit, beating the Zacks Consensus Estimate of $1.00 by a wide margin of 134%.
CNXC: 13.26 (+0.13), NRP: 26.08 (-1.38), BTU: 2.07 (unch), CNX: 18.40 (-0.12)