Shares of Peabody Energy Corp. BTU, +9.34% surged 4.0% in premarket trading Tuesday, after the coal miner reported fourth-quarter profit and revenue that rose well above expectations, recorded record ...
Tag: Peabody
Peabody Gets a $534 Million Margin Call on Coal, and Goldman Steps In With a 10% Loan
(Bloomberg) — Locking in a price to sell coal at $84 a metric ton must have seemed like a good bet for Peabody Energy Corp. a year ago. Most Read from Bloomberg Back then, many factories and off...