|Day Low/High||0.04 / 0.04|
|52 Wk Low/High||0.02 / 0.14|
Shares of railroad companies tumble after on concerns about lower coal shipments
The markets follow the transport, not Nasdaq, stocks, and a weak coal outlook leads me to one conclusion: trouble.
Coal stocks fall as ANR reports demand weaker in Asia, Walter cuts production forecast
A recession is looking more likely, and that kind of environment does not favor this stock.
Ripples in the transports signal that a recession is on the horizon, or certainly amps up the chances.
Shares of Alpha Natural Resources Inc (NYSE:ANR) were gapping down Wednesday morning with an open price 11.2% lower than Tuesday's closing price. The stock closed at $26.92 yesterday and opened today's trading at $23.90.
Orexigen shares are soaring in premarket trading as the company restarts development of its rejected obesity drug Contrave.
Alpha Natural to ship less coal this year than expected on drop in Asian demand, US output
Wall Street stock futures pointed to a mixed open on high expectations that the Fed will announce changes in its Treasury portfolio today.
Macarthur coal praises Peabody Energy, ArcelorMittal offer; analysts see $5B deal as logical
The Jones Group is upgraded at Bank of America/Merrill Lynch from Neutral to Buy, while CB&I is initiated with a Buy rating at UBS.
Reversing course, the majority of metal and mining stocks closed stronger last week.
Alpha Natural Resources shares surge on coal producer's $600M stock buyback authorization
TheStreet Ratings released rating changes on 160 U.S. common stocks for week ending August 5, 2011. 79 stocks were upgraded and 81 stocks were downgraded by our stock model.
Five gold stocks have surged to new highs, while metals and mining stocks slumped.
Alpha Natural Resources Inc (NYSE:ANR) has been downgraded by TheStreet Ratings from from a buy to hold.
Alpha Natural Resources' CEO Discusses Q2 2011 Results - Earnings Call Transcript
Earnings roundup: Alpha Natural Resources posts loss, golf unit sale boosts Fortune Brands net
On the Call: Alpha Natural CEO Kevin Crutchfield discusses possibility of future acquisitions
Expenses from Massey deal leave Alpha Natural Resources with 2Q loss of $56 million
Business events and economic reports scheduled for the coming week
Judges schedule 3rd mediation attempt in coal slurry pollution case against Massey Energy
San Diego (TheStreet) -- Dan Fitzpatrick examines three stocks viewed on Fast Money. Today's stocks include Jones New York, Monster Worldwide and Alpha Natural Resources.
Cramer is still bullish about stocks despite today's selloff.
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