FastSwings.com

   Stocks, Stock Swings, Options, and Option Trades

   Disclaimer: Consult a Financial Advisor prior to taking the advice offered. By reading this blog site you agree to not hold any authors or FastSwings.com responsible for market loses that you may incur.

 Subscribe in a reader

Subscribe to FastSwings by Email


E-file Your Taxes for FREE
All Posts Term: coal
3 post(s) found

Alpha Natural Resources Files For Bankruptcy

Coal Miner inside Deep Mine 41

Alpha Natural Resources Inc., is one of the biggest coal companies in America, and recently the company has decided to file for bankruptcy. The company's filing comes just as the president of the United States is about to unveil new measures that are aimed at cutting greenhouse gas emissions that are produced from coal-fired power plants.

The company has blamed regulatory standards that favor renewable energy as the reason why it has decided to file. Not only that, but the price for its coal has been tumbling, and that too has contributed to the decision to file bankruptcy.

When it comes to metallurgical coal that is used to create steel, Alpha is the third largest supplier of it. However, a slowdown in China has also affected Alpha's business.

KOL- What We Should Know?

Jin Hua Gong Mine, Datong, Shanxi, China

Jin Hua Gong Mine, Datong, Shanxi, China (Photo credit: Wikipedia)

KOL- What We Should Know?

According the recent reports, Coal exchange traded funds or coal ETF (KOL) has experienced a better growth than expected by the market experts. The expected theatrical forecast for KOL by market vectors KOL is reported as positive, especially in the thermal coal. This rise is purposely noticed because of the rising demand of thermal coal in the future. And this rise is demand is directly proportional to the coal ETF.

The high graph helped to raise the coal focused fund in a quicker way. But, the investors must learn some tips before they jump into the coal ETF market.

Our FaceBook Page

Market Summary

Translate

Sponsors





Categories