Concerns About Liquidity Hurt Patriot Coal Stock Price
Reuters reported that Patriot Coal's (NYSE:PCX) share price fell on uncertainty about the company's financial liquidity.
Reuters reported that Patriot Coal's (NYSE:PCX) share price fell on uncertainty about the company's financial liquidity.
CNBC News reported that coal stocks including Arch Coal (NYSE:ACI) and Consol Energy (NYSE:CNX) fell due to slow demand and lower analyst ratings.
The Street reported that shares of coal companies fell on speculation that demand would sink.
MarketWatch reported that coal companies are enjoying better share prices after enduring several years of lows.
Platts reported that thermal coal stocks in India were up as the country renews supply.
The Street reported that coal stocks fell on concerns slower growth in China will hamper demand.
Sydney Morning Herald reported that shares of Nucoal (ASX:NCR) increased after it announced it would purchase the Plashett Coal Project.
Reuters reported that shares of Arch Coal (NYSE:ACI) were down after the company's profits missed analyst expectations.
Reuters reported that shares of L&L Energy (NASDAQ:LLEN) rose on the company's purchase of a Chinese coal mine.
Bloomberg reported that shares in US coal mining companies rose after Chesapeake (NYSE:CHK) said gas production would be cut.
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