@ bounce
hab am fr arch coal aufgestockt.
Sunday, 17 Jan 2010
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It is reported that Morgan Stanley upgraded Arch Coal Inc by two notches to overweight, saying thermal coal inventory at power generators may drop faster than expected.
Analyst Mr Mark Liinamaa who has a price target of USD 35 on the stock said he expects the stock to gain from its significant unpriced thermal coal position and exposure to the Powder River Basin.
He said that "We are getting more constructive on a recovery for US thermal coal, as the timing for an inflection in utility coal stockpiles may come sooner than expected."
The company, which has its operations in the Powder River Basin, the Western Bituminous region and Central Appalachia is said to fuel about 6% of all electricity generated in the United States. Shares of the company were trading up 5% at S28.20 in pre-market trade.
hab am fr arch coal aufgestockt.
Sunday, 17 Jan 2010
EmailButton
Pdf_button
It is reported that Morgan Stanley upgraded Arch Coal Inc by two notches to overweight, saying thermal coal inventory at power generators may drop faster than expected.
Analyst Mr Mark Liinamaa who has a price target of USD 35 on the stock said he expects the stock to gain from its significant unpriced thermal coal position and exposure to the Powder River Basin.
He said that "We are getting more constructive on a recovery for US thermal coal, as the timing for an inflection in utility coal stockpiles may come sooner than expected."
The company, which has its operations in the Powder River Basin, the Western Bituminous region and Central Appalachia is said to fuel about 6% of all electricity generated in the United States. Shares of the company were trading up 5% at S28.20 in pre-market trade.