Skyrocketing prices don’t have to bring only pain. Investors can also find some relief with investments that can benefit from oil’s recent — and likely future — increases. Here are some ETFs and mutual funds worth considering…
Coal India, the world’s biggest producer of coal, may purchase a mine owned by Massey Energy Co. (MEE), Bloomberg reported Friday.
The deal would be the state-owned company’s first asset purchase in the U.S.
Kolkata-based Coal India is on the hunt for acquisitions to meet growing demand from power stations and steel mills in the fast-growing Asian economy.
Coal India has set aside…
Continue reading Coal India May Buy Massey Energy Mine
Coal India May Buy Massey Energy Mine originally appeared on DailyFinance on Fri, 12 Nov 2010 09:06:00.
Filed Under: Energy, Company News
For the first time ever, federal regulators are asking a judge for an injunction ordering a U.S. mine to close until safety hazards are fixed. That mine is Massey Energy’s Freedom Energy No. 1 in Kentucky. Among the provisions …
Shares in Massey Energy were climbing today on reports that the coal mining company was “exploring strategic alternatives” — in other words, a possible sale.
Continue reading Is Coal Miner Massey Buyout Bait?
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