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The once high-flying Market Vectors Coal ETF (NYSE:KOL) is, for what feels like the first time in ages, enjoying a solid performance in Wednesday trade. Sparked by speculation of insider buying in Walter Energy (NYSE:WLT), coal stocks are popping and that is helping KOL to a gain of nearly two percent.Not to rain on anyone's parade, but KOL was down 27.3 percent in the past year at the start of trading and while Walter is up more than 14 percent on better than double the average daily volume, the stock's impact on KOL is limited at best. Walter, the Alabama-based maker of metallurgical coal, is merely KOL's 22nd-largest holding out of 34 stocks. KOL allocates just 1.99 percent of its weight to Walter.Still, the rally in Walter has Peabody Energy (NYSE:BTU), the largest U.S. coal producer, and rival Consol Energy (NYSE:CNX) both up more than two percent. Consol is KOL's largest holding and Peabody is the ETF's fifth-largest holding. The pair combine for almost 16.2 percent of the ETF's ...
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The S&P 500 extended gains to a fourth day on Thursday, putting it on the cusp of a new five-year high if Friday's jobs report shows encouraging signs for the labor ...
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Alpha Natural Resources CEO Kevin Crutchfield discusses the impact of government regulations on the industry.
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BlackRock Inc , the world's largest money manager, switched oversight on two of its energy-oriented stock funds, which have been struggling since one co-manager, Dan...
Alcoa (NYSE:AA), shares of which have surged about eight percent in the past week, is scheduled to report its fourth-quarter 2012 results Tuesday, January 8, after t...
Sterne Agee Senior Research analyst Mike Dudas on why coal could potentially boost investors’ portfolios in 2013.
The U.S. Attorney for the Southern District of West Virginia on Wednesday filed charges against a former Massey Energy division president for allegedly violating two...
Stocks fell 2 percent on Wednesday, putting the S&P 500 on track for its biggest drop since June, as investors' focus shifted from President Barack Obama's re-electi...
Stocks fell more than 2 percent on Wednesday, putting the S&P 500 on track for its biggest drop since June, as investors shifted their focus to a looming fiscal show...
