Market Vectors Coal ETF
 (KOL)

- NYSEARCA
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  • Nov. 30, 2012, 2:15 PM

    Walter Energy's (WLT +7.3) refusal to comment on rumors of BHP's interest in an acquisition keeps shares moving higher, perhaps suggesting more than idle chatter. Also, another analyst sees the coal industry improving in 2013. The two developments are propping up the sector (KOL +0.5): JRCC +7.6%, OXF +4.2%, ANR +3.4%, ACI +2%, BTU +0.9%.

    | Nov. 30, 2012, 2:15 PM | 2 Comments
  • Jul. 13, 2012, 11:11 AM

    Whitehaven Coal (WHITF.PK) sees a $5.4B bid from an Australian billionaire come in that marks a lush 51% premium to Friday's closing price in Melbourne. The deal could raise the profile of the group a tad. Coal stocks (KOL +1.5%) are up for the day after recording a dismal week with Patriot Coal filing bankruptcy and more demand issues cropping up.

    | Jul. 13, 2012, 11:11 AM
  • Sep. 7, 2011, 8:20 AM

    Walter Energy (WLT) is up 15% premarket on takeover speculation. BHP Billiton (BHP) and Anglo American (AAUKY) are rumored to be interested in making an offer as high as $120 per share for the natural gas and coal producer.

    | Sep. 7, 2011, 8:20 AM | 1 Comment
KOL Description
The Market Vectors® Coal ETF (KOL) seeks to replicate, before fees and expenses, the price and yield performance of the Market Vectors Global Coal Index (MVKOLTR), a rules-based, modified-capitalization-weighted, float-adjusted index intended to give investors exposure to the overall performance of the largest and most liquid companies in the global coal industry.
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Country: United States
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