btu

Macarthur's board has rejected the joint bid from Peabody and steelmaker ArcelorMittal (NYSE:MT) as undervaluing one of the world's largest producers of pulverized coal coveted by steelmakers.

The joint venture partners' lawyers blocked a notice with the Australian Securities Exchange stating that the Foreign Investment Board has approved the bid.

Peabody Energy (NYSE:BTU) has a potential upside of 55.6% based on a current price of $48.56

Peabody Energy Corp (NYSE:BTU) announced Friday that it has the approval for its $4.9 billion takeover bid of Australian miner, Macarthur Coal Ltd.

Equity futures are pointing lower this morning with the Dow Jones Industrial Average looking to open 110 points lower while the broader S&P500 index is looking to open nearly 14 points lower. Moving fast in the pre-market sess

Goldman Sachs (NYSE:GS) upgraded the U.S. Coal Sector to Attractive citing valuation and an improved thermal coal outlook. The firm expects thermal coal prices to improve driven by recent export increases and lower production leve

An activist group that launched a website spoof has led one energy company to act fast. Peabody energy was at the center of the hoax after the group stated on their website, CoalCares.org that the company is offering "Puff-Puff i

Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce said, "Peabody delivered significant increases in revenues, operating profit, EBITDA and net income in the first quarter. Peabody is advancing multiple growth in

Peabody Energy (NYSE:BTU) reported Q1 EPS of $0.67, beating the consensus estimate for $0.60 per share. Revenue for the quarter was up 15% year-over-year to $1.74 billion, in-line with the consensus estimate.

Good Morning. It's Tuesday, March 1, 2011. At this hour, U.S. equity futures are up. Overseas, the Asian markets gained, while the European markets are higher. HCN (HCN) to acquire real estate assets of Genesis HealthCare for

The company said it is targeting Q1 EPS of 45-65 cents, vs. estimates of 92 cents.

Peabody Energy (NYSE:BTU) reported Q4 adjusted EPS of 85 cents, topping consensus estimates of 71 cents. Revenue rose to $1.82 billion, also better than the $1.80 billion analysts were expecting. EBITDA totaled $446.2 million in t

Peabody Energy is up over 1% on the news late Thursday to a price of $64.19.

Peabody Energy (BTU) rises after it says it has issued force majeure notices advising customers of weather-related shipment disruptions in Queensland. The notices stem from the worst rain and flooding in Australia in decades, whic