Attractive Moving Stocks: Peabody Energy Corporation (NYSE:BTU), Darden Restaurants, Inc. (NYSE:DRI), Alpha Natural Resources, Inc. (NYSE:ANR)

April 25, 2023 9:04 pm15 commentsViews: 61

Peabody Energy Corporation (NYSE:BTU) declared that it has signed into a sale and purchase contract with Sekitan Resources Pty, Ltd., a wholly owned subsidiary of Exergen Pty, Ltd., to sell Peabody’s Wilkie Creek Mine as well as other associated assets in Queensland’sSurat Basin. The transaction has an aggregate value for Peabody of up to US$75 million including cash of up to $20 million and assumption of liabilities totalling $55 million. The transaction also releases certain guarantees in place for reclamation activities. Closing is expected in the third quarter of 2015, subject to satisfaction of certain conditions. Peabody Energy Corporation (NYSE:BTU) stock has highest price of $1.72 in last session, beginning with a price of $1.70 and reported a decrease of -9.50% to close at $1.62 with a day range of $1.63-$1.72.

Darden Restaurants, Inc. (NYSE:DRI) released that it has hired Jeffrey Davis as senior VP and CFO, effective July 16. Davis will succeed Brad Richmond, who will be moving into an advisory position to assist by means of the transition. As previously reported, Richmond will be leaving Darden at the end of the month after more than three decades of service. In his role as CFO, Davis will assume responsibility for areas finance and accounting, corporate tax, treasury and investor relations, among others. He will report to Darden Chief Executive Officer Gene Lee. Most recently, Davis served as executive vice president and CFO for the Walmart U.S. segment of Walmart Stores Inc. Darden Restaurants, Inc. (NYSE:DRI) stock hit highest price at $72.32, beginning with a price of $72.20 and reported a decrease of -1.75% to close at $70.84 with a day range of $71.90-$72.32. The total market capitalization remained 9.09 Billion, total volume of 1.15 Million shares held in the session was surprisingly higher than its average volume of 1484.50 shares.

Coal supplier, Alpha Natural Resources, Inc. (NYSE:ANR) declared that three of its operating affiliates have informed their employees that they might sell substantially all of the assets of the mining operations anywhere these employees work. In accordance with conditions of the Worker Adjustment and Retraining Notification (WARN) Act, the operators have given notice to about 292 employees at six mines and a processing plant in southwest Virginia and eastern Kentucky of the expected idling of those facilities in anticipation of their potential sale. Shares of Alpha Natural Resources, Inc. (NYSE:ANR) traded at $0.24 by plunging -10.73% with price volatility of 19.36% for a week and 14.91% for a month. Its beta stands at 2.88 times.


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