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MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Wall Street Fundamentals Releases New In-Depth Stock Reports on ACI, ANR, BTU and JRCC

ACCESSWIRE

Domestic coal demand has seen a sharp decline over the past few years as utilities across the U.S. have switched to cheaper/cleaner natural gas. Despite the sharp drop in domestic demand, foreign demand for coal has continued to grow. In 2012, the U.S. exported a record of more than 124 million tons of coal, topping the previous record set in 1981 of 112.5 million tons. At a recent investor presentation, Peabody Energy stated they expect global coal demand to increase by 4 percent in 2013, driven by a 13 percent growth from China and India combined.

Arch Coal Inc. (NYSE:ACI - News) shares traded in the range of $4.56 to $4.69 Tuesday before settling to close at $4.56, a decrease of 4.60 percent. The stock appears to be facing resistance at the $4.70 and $4.96 levels. The company has increased its profile in Asia by opening an office in Beijing's Chaoyang District and hiring Zhang Shijie to lead Chinese marketing efforts. Shares of Arch Coal have fallen approximately 37.7 percent in 2013.

More information on Arch Coal and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ACI

Alpha Natural Resources, Inc. (NYSE:ANR - News) shares traded in the range of $6.18 to $6.29 Tuesday before settling to close at $6.25, a decrease of 1.73 percent. The stock appears to be facing resistance at $6.71. The company reported metallurgical coal shipments totaled 5.1 million tons for the first quarter of 2013, compared to 4.9 million tons in the year ago quarter. Shares of Alpha Natural Resources have fallen approximately 35.8 percent in 2013.

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More information on Alpha Natural Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ANR

Peabody Energy Corporation (NYSE:BTU - News) shares traded in the range of $17.50 to $18.14 Tuesday before settling to close at $17.64, a decrease of 4.34 percent. The stock appears to be facing some resistance at the $18.30 and $18.99 levels. In the company’s recent earnings release Peabody predicted that “U.S. coal consumption for electricity generation will grow by 60 to 80 million tons over 2012 levels”. Shares of Peabody Energy have gained approximately 27.4 percent in 2013.

More information on Peabody Energy and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BTU

James River Coal Company (NASDAQ:JRCC - News) shares traded in the range of $2.41 to $2.55 before settling to close at $2.41, a decrease of 6.95 percent. The stock appears to be facing resistance at $2.62 with some support at $2.37. Raymond James has recently downgraded the company’s rating to “underperform” from “market perform”. Shares of James River Coal Company have fallen approximately 25 percent in 2013.

More information on James River Coal Company and access to the free equity report can be found at:
www.WallStreetFundamentals.com/JRCC

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com