Volume Spike Investor

8:50 AM EST… Foundation Coal Holdings Inc. (NYSE: FCL) is being acquired by Alpha Natural Resources, Inc. (NYS:  ANR) for 1.084 ANR shares of ANR.  FULL DETAILS at 24/7 Wall Street.  FCL up 31% at $30.55; ANR shares up 2% at $29.55. FCL 52-week range is $8.53-$89.72. ANR 52-week range for Alpha is $13.93-$119.30.  Market [...]

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: [...]