
months of production from Foundation Coal . Alpha is active in three ..... concern.Alpha is acquiring Foundation Coal in an all-stock deal, which ..... transforming itself by acquiring Foundation Coal FCL . We think this was a smart
become more mindful of macro factors in their research and are quicker to sell when risks increase, as seen with their sale of Foundation Coal FCL in 2009 due to a drop in energy prices. This fund has an edge, but it's only for the patient.
the certainty of closure grows. It did so, for example, when Alpha Natural Resources ANR announced its acquisition of Foundation Coal FCL , but faced opposition from its largest shareholder. In other cases, the fund writes covered call options on the target
Foundation Coal FCL reported a strong second quarter, with costs per ton lower and realizations higher across nearly all of its operating segments
Foundation Coal FCL reported a strong second quarter, with costs per ton lower and realizations higher across nearly all of its operating segments
a big surprise. However, the company did not schedule a conference call this quarter (nor did its merger partner, Foundation Coal FCL ). Both steam and metallurgical production suffered mightily, with metallurgical tons down a whopping 54% versus last
Alpha Natural Resources ANR announced Tuesday that it is merging with Foundation Coal FCL in an all-stock deal, creating the third-largest U.S. coal miner by volume. Based on Alpha's current price of about
We are placing our North American coal producers, including Arch Coal ACI, Peabody Energy BTU, Foundation Coal FCL , International Coal Group ICO, CONSOL Energy CNX, Massey Energy MEE, Alpha Natural Resources ANR, and James River Coal Company
Foundation Coal FCL reported a clunker of a quarter today. Judging from industry chatter and previous management comments, we had anticipated some
macroeconomic outlook, we think many coal companies look very cheap today. Several, including Massey Energy MEE and Foundation Coal FCL , are trading for 2 times to 3 times 2009 enterprise value/earnings before interest, taxes, depreciation, and amortization