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Shares of Walter Energy (NYSE:WLT) traded down over 17 percent Friday and reached at levels not seen since March 2004. Making matters worse for the beleaguered coal maker are the facts that Walter's decline has been accrued on more than triple the average daily volume and that the stock is currently halted for news pending.Although Walter accounts for just 1.93 percent of the Market Vectors Coal ETF's (NYSE:KOL) weight, the fund is showing it is not immune to Walter's woes. KOL is down 2.7 percent Friday on nearly double its average daily turnover after earlier touching a new 52-week low. Scratch that. This is a new 50-month low for KOL. That is right. If KOL closes below $19 today, which looks poised to do, it will be the first time since April 2009 the ETF has done that.Interestingly, investors have stock by KOL even as it has made a series of new lows and severely lagged the broader market. At the start of trading Friday, KOL was down 24.6 percent year-to-date compared to a 12.4 per...
U.S. stocks lost ground on Monday, with two benchmark indexes retreating from record highs, after a closely watched manufacturing gauge unexpectedly fell in March.Th...
These are not the best of times for materials stocks and the corresponding ETFs.In the first quarter, the Materials Select Sector SPDR (NYSE:XLB) gained 4.8 percent....
"UPDATE: Joy Global CEO Plans to Retire by Year End, Replaced by COO Doheny," published at 2:48 p.m. EDT, incorrectly gave the name of Ingersoll-Rand Co. as Ingersol...
Joy Global Inc. (JOY) said Thursday that CEO Mike Sutherlin plans to retire and will be replaced late in the year by the head of the company's underground-mining equ...
Lis Wiehl and Jennifer Brandt discuss the symbolism of Arkansas effort
FBN's Charles Payne on investing in Joy Global and Chicago Bridge & Iron.
Independent Women’s Forum’s Sabrina Schaeffer, WSJ Editorial Page Editor Steve Moore and FBN’s Charles Payne on the impact of government on the markets.
Fox Business All-Stars discuss the Dow highs occurring in spite of the budget cuts nearing.
Mining equipment maker Joy Global Inc. (JOY) said it doesn't expect improving demand for mined commodities to drive up near-term sales of its equipment.The company's...
Mining-equipment maker Joy Global Inc. (JOY) hasn't found any accounting problems at the Chinese company it acquired 14 months ago, said Chief Executive Michael Suth...
An accounting scandal at a Caterpillar Inc. mining-equipment unit in China helped lead to the departure of a senior executive, a person familiar with the situation s...
FactorShares, the ETF sponsor known primarily for its suite of spread ETFs, will introduce three new mining sector ETFs on Thursday. Those funds will include the Pur...
FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.
Mining-equipment maker Joy Global Inc. on Thursday reported a drop in fiscal second-quarter net income to $181.6 million, or $1.69 a share, from $213.6 million, or $...
FBN’s Diane Macedo reports that Tiffany’s same-store sales have beaten estimates.
Earnings results from big and notable companies will be sparse next week, so--just like this week--the primary fare will be a handful of retailers. On the data side,...
S&P Capital IQ chief investment strategist Sam Stovall on whether the market is still undervalued.
Harrington Capital Management founder Kyle Harrington and American Wealth Management President Laif Meidell on some undervalued stocks maybe worth considering.
U.S. stocks lost ground on Monday, with two benchmark indexes retreating from record highs, after a closely watched manufacturing gauge unexpectedly declined in Marc...
