maintains a Neutral rating on Walter Energy ( WLT -5.6% ) but cuts its price target to $10 from $12. Also: BTU -4.2% , ACI -4% , CNX -1.5% , OXF -1.6% , JRCC -1.5%, CLD -0.7% , KOL -2.1% . Post your comment!
By Gabe Ortt : Improvement in domestic thermal coal demand Electricity generated by coal is expected to increase to 40.2% this year compared to 39.1% in 2013, due to colder winters and rising natural gas prices. According to Tennessee Valley Authority (TVA), one of the three largest customers of ...
Value (Lowering) We're reducing our fair value estimate to $19 per share from $23 after reviewing James River Coal Company 's JRCC new financing arrangements and outlook for 2007. The main driver of this change is a higher cost of capital
James River Coal ( JRCC ) +25.6% premarket after Friday's ..... other strategic alternatives. Analysts say JRCC isn't poorly run, but is stuck with ..... elsewhere and thus more expensive to extract. JRCC should be able to find a buyer who wants
James River Coal ( JRCC ) says it is exploring strategic alternatives , which may include a capital ..... securities or a sale of all or one or more portions of the company. JRCC amends its revolving credit agreement, which will provide continued
James River Coal ( JRCC ) -6.7% AH after plunging nearly 20% in the final half-hour of ..... restructuring advisers including Blackstone have been pitching creditors. JRCC , which has closed mines and hasn’t posted an annual net profit since
By Elephant Analytics: We are now increasing our estimate of James River Coal's ( JRCC ) chances of bankruptcy to 95%. The metallurgical coal market remains weak and CAPP thermal coal has failed to increase much
Cold weather and higher natural gas prices have arrived in force, but it may be too little too late for James River Coal ( JRCC ) and its investors. This Appalachian coal company has made under-appreciated strides in lowering its production cost base
By Ryan Perlowin: James River Coal Company ( JRCC ) is one of the ripest stocks on ..... the underlying uncertainty behind JRCC as an individual company, that ..... first of our two strategies for JRCC focuses on trading within a given
rally in the indices shares of James River Coal Company ( JRCC ) closed lower by 4%. (click ..... enlarge) (yahoo) At the open, JRCC shares rallied along with other ..... event the poor performance of JRCC should be considered a warning