SECTOR GAP-UP: COAL STOCKS (ACI, FCL, MEE, BTU)
COAL STOCKS are gapping up higher this morning at the open, and it isn’t just over higher oil prices rising almost $4.00 to back over $118 per barrel. UBS has raised its sector ratings to a BUY from the NEUTRAL sector rating. Shares raised to BUY were Arch Coal (NYSE: ACI) +3.5%, Foundation Coal (NYSE: [...]
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