Another Blow to Coal Stocks; Analyst Still Can’t See the Bottom
September 24, 2012 at 10:58 AM EDT
Several times in the past few months, coal stocks have gotten a boost from positive analyst comments or some slightly encouraging data, only to be knocked back down by more worries. Coal stocks are feeling more pain on Monday after Bank of America/Merrill Lynch analysts lowered their 2013 expectations for the price of coking coal (used [...]