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Peabody (BTU): Energy expert looks to coal |
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| Nov 09, 2009 06:40 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: India, China, Newsletters, Commodities, Oil, Stocks to Buy  "Peabody Energy (NYSE: BTU) remains a buy in our 'gushers portfolio'." says energy sector expert Elliott Gue.
In his The Energy Strategist, he explains, "Strong demand for coal from India and China is a growth story that will play out in 2010." Gue explains, "Peabody reported its third quarter results and share prices have reacted positively. The weakness in US coal markets remains a challenge, but Peabody has taken steps to shore up profitability in the US, cutting back planned production and locking in contracts for 2010 at fixed prices. Continue reading Peabody (BTU): Energy expert looks to coal Peabody (BTU): Energy expert looks to coal originally appeared on BloggingStocks on Mon, 09 Nov 2009 13:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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