- Peabody Energy (NYSE:BTU) +1.8% AH after agreeing to sell its Wilkie Creek Mine in Australia for $20M in cash and the assumption of $55M in liabilities.
- BTU had agreed to sell the mine in May 2014 for $70M to former billionaire Nathan Tinkler, but the deal collapsed after Tinkler failed to make payments.
- "We suspect anything and everything is for sale at the right price,” BB&T analyst Mark Levin says of BTU and the rest of the U.S. coal industry, but "the opportunity to get maximum value for these assets is limited.”