Patriot Coal (PCX) Files For Ch. 11; Peers Mixed in Late Trading, James River (JRCC) Lower
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Patriot Coal (NYSE: PCX) has filed for chapter 11 protection under the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York.
On the move are: Alpha Natural Resources, Inc., Arch Coal, Inc. (NYSE: ACI), CONSOL Energy, Inc. (NYSE) CNX), James River Coal Company (Nasdaq: JRCC), Peabody Energy Corporation (NYSE: BTU) and Walter Energy, Inc. (NYSE: WLT). Peabody and CONSOL are higher in late trading, while the others are lower.
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On the move are: Alpha Natural Resources, Inc., Arch Coal, Inc. (NYSE: ACI), CONSOL Energy, Inc. (NYSE) CNX), James River Coal Company (Nasdaq: JRCC), Peabody Energy Corporation (NYSE: BTU) and Walter Energy, Inc. (NYSE: WLT). Peabody and CONSOL are higher in late trading, while the others are lower.
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