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Markets Fall As Factory Orders Drop
June 02, 2011
A drop in April factory orders weighed the markets down during the midday with the Dow falling 59 points to 12,231. Nasdaq slipped 3 points to 2766.
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UPDATE 2-Shareholders OK coal merger; Massey cited again
June 01, 2011
Massey shareholders make case to block Alpha deal
May 26, 2011
Obama was out to destroy coal miner Massey-lawsuit
May 25, 2011
NEW YORK, May 25 (Reuters) - Executives of Massey Energy Co believed President Barack Obama had a secret agenda to bring down the coal company after 29 men were killed in an accident at one of its...
Stocks to watch Wednesday: Costco, AIG TiVo
May 24, 2011
Results from Costco and Applied Materials stand out among the early stocks to watch on Wednesday, along with insurer AIG’s stock offering.
WASHINGTON -(Dow Jones)- Coal companies Massey Energy Co. (MEE) and Peabody Energy (BTU) have been ordered to turn over accident and injury data to U.S. mining officials after losing a battle to keep...
Standard & Poor's said Tuesday that Alpha Natural Resources Inc. (ANR) would replace Massey Energy Co. (MEE) in the S&P 500 index after the close of trade on June 1.
Earnings Look Back: Massey Energy Is Down 9.91% Since Reporting Quarterly Results 18 Days Ago (MEE)
May 22, 2011
WASHINGTON -(Dow Jones)- A labor union representing coal miners is blasting a decision by Alpha Natural Resources Inc. (ANR) to retain top executives at Massey Energy Co. (MEE) after it acquires the...
Black lung disease seen rising in U.S. miners
May 20, 2011
NEW YORK, May 19 (Reuters) - An independent investigation into last year's West Virginia coal mine blast that killed 29 men blames mine owner Massey Energy Co for safety failings and calls for tougher...
Federal regulators have issued 10 orders to withdraw workers from a James River Coal Co. (JRCC) mine in Kentucky after an inspection there found what the agency called a pattern of violations.
WASHINGTON -(Dow Jones)- U.S. prosecutors Tuesday announced a third charge against the chief of security at the Massey Energy Co. (MEE) mine where an explosion killed 29 miners last year.
Energy stocks outshine broader U.S. market
May 09, 2011
Massey Energy Co. (MEE) said it will halt production for three days at one of its West Virginia mines after federal regulators this week called safety conditions there "nothing short of outrageous."
WASHINGTON -(Dow Jones)- U.S. mining regulators found multiple safety violations at a West Virginia mine owned by Massey Energy Co. (MEE), saying Tuesday that the conditions were "nothing short of...
NEW YORK -(Dow Jones)- Massey Energy Co. (MEE) executives expect costs to remain higher, continuing a trend that pushed the miner to a first-quarter loss even as higher prices, production and shipments...
Chesapeake among stocks sapping energy sector
May 03, 2011
Weakness in the energy sector carries into a second straight session, with earnings results largely dictating the gainers and decliners.
Alpha Natural Resources Inc.'s (ANR) first-quarter profit more than tripled over a prior-year quarter skewed by acquisition charges, though adjusted earnings fell below expectations amid higher costs.
UPDATE 1-Coal miner Massey posts Q1 loss
May 02, 2011
May 2 (Reuters) - Coal miner Massey Energy , which is being acquired by Alpha Natural Resources , posted its fourth straight quarterly loss since a blast killed 29 men at one of its mines.
Massey Energy Co. (MEE) swung to a first-quarter loss as the coal miner reported higher costs and expenses, masking better-than-expected revenue growth as production and shipments grew.
Arch Coal paying $3.4 billion for ICG
May 02, 2011
NEW YORK -(Dow Jones)- Arch Coal Inc. (ACI) has agreed to acquire International Coal Group Inc. (ICO) for $3.4 billion in a deal it said would make it the second-largest U.S. producer of the coal used...
The deal would make Arch a top-five global coal producer and marketer, with the top two positions in each of its three core operating regions.