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Posted Fri Apr 25 2014: from St. Louis Business Journal:
Peabody reports $44 million Q1 loss http://apocadocs.com/s.pl?1398434237
Peabody Energy's revenue declined 6.9 percent in the first quarter, falling to $1.63 billion on lower coal pricing... "U.S. coal demand continues to rebound, resulting in one of the largest inventory drawdowns on record," Chairman and CEO Gregory Boyce said in a statement. "And while current seaborne markets remain challenged, we look for fundamentals to improve as demand continues to increase and supply growth moderates. Peabody's position in the low-cost U.S. basins and high-growth Asian markets allows us to navigate current market pressures and benefit from long-term demand trends."
[Read more stories about: carbon emissions, coal issues]

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'Doc Michael says:
Perhaps they need to invest in the growing market for renewables.

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