A Fresh Start for Alpha Natural (ANR) On Major Repositioning
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Alpha Natural (ANR) Lower as S&P Places Ratings on CreditWatch Negative
September 19, 2012 12:18 PM EDTAlpha Natural Resources (NYSE: ANR) may be cut by S&P, according to Bloomberg.
Shares are over 3 percent lower on the warning today.
The release follows:
Standard & Poor's Ratings Services today placed its ratings, including the 'BB-' corporate... More
Alpha Natural (ANR) Announces Restructuring; Sees Cost Savings of $150M
September 18, 2012 7:34 AM EDTAlpha Natural Resources (NYSE: ANR), a leading U.S.-based coal supplier, today outlined plans to reshape its portfolio of operations to meet the evolving demands of a changing global coal market.
By early 2013, the company will be fully aligned to focus on two key strategic priorities: enhancing Alpha's metallurgical coal leadership position in both the domestic and international markets; and establishing a durable core of cost-competitive thermal coal assets better suited to supply structurally shifting power markets in the United States and tap into new thermal markets overseas.
Rationalize higher-cost thermal... More
