Alpha Appalachia Holdings, Inc. (MEE) - NYSE
MEE is defunct.
  • Jan. 19, 2011, 11:25 AM

    The price of coking coal, up 25% in the last week, could see further increases as "higher raw-material costs ...can be passed on to end consumers," says an analyst. Queensland officially cuts its estimate for coking coal production by 10.5%.

    | Jan. 19, 2011, 11:25 AM
  • Jan. 11, 2011, 7:32 AM

    Australian shares hang in there, but the aussie sinks as worsening flooding in Queensland forces an evacuation of Brisbane. Hardest hit are insurers exposed to the flood damage, but diversified miners like (BHP) and (RIO) are seeing no erosion to their value. Australia -0.08%. Aussie -1.0%.

    | Jan. 11, 2011, 7:32 AM
  • Jan. 6, 2011, 9:35 AM

    So far, Asian steelmakers have enough stockpiles of coal to weather the disruption in shipments from Australia. However, it could take weeks to pump water out of flooded mines, leading steel producers to worry about cutting production should a new source of coal not be found.

    | Jan. 6, 2011, 9:35 AM
  • Jan. 6, 2011, 7:58 AM

    Massey Energy (MEE) reached a settlement with regulators late yesterday, minutes before a court trial was set to begin over the safety of a Kentucky mine. Massey essentially agreed to immediately and temporarily close the mine any time inspectors find a safety violation.

    | Jan. 6, 2011, 7:58 AM
  • Jan. 5, 2011, 3:24 PM

    U.S. coal producers could see an uptick in their business from Australian supply disruptions, especially Alpha Natural Resources (ANR +3.8%), the nation’s leading supplier and exporter of metallurgical coal used in making steel. Also, MEE +2.8%, CNX +1.6%, WLT +1%. Aussie mining giants BHP Billiton (BHP -0.9%) and Rio Tinto (RIO -1.4%) continue to slide.

    | Jan. 5, 2011, 3:24 PM
  • Jan. 4, 2011, 6:05 PM

    Appalachian coal settles at a two-year high today, a beneficiary of Australian floods, but also of larger forces. "Despite the one-time nature of (supply disruptions)... recent price moves foreshadow... tighter supply-demand picture," says an analysis from Dahlman Rose. (CNX -0.94%). (JRCC -1.91%). (MEE +0.18%). (ANR +2.65%).

    | Jan. 4, 2011, 6:05 PM
  • Dec. 21, 2010, 7:39 AM

    Alpha Natural Resources (ANR) has reportedly made a bid for Massey Energy (MEE), and sources say ArcelorMittal (MT) and at least one other company are interested too. Massey says it's "not near a decision point" about selling the company vs. acquiring another business. (previously)

    | Dec. 21, 2010, 7:39 AM
  • Dec. 17, 2010, 7:24 AM
    Massey Energy (MEE) is reportedly exploring various strategic options, including taking over rival International Coal Group (ICO +5.4%) or possibly selling itself to one of several interested suitors, including Alpha Natural Resources (ANR).
    | Dec. 17, 2010, 7:24 AM
  • Dec. 7, 2010, 4:52 PM
    Nine months after the worst U.S. coal mining disaster in 40 years, most of the 29 families who lost relatives at Massey Energy's (MEE) Upper Big Branch mine are torn over whether to accept Massey's $3M settlement offer or file suit. Key for many will be if federal and state investigations into the accident find the company responsible.
    | Dec. 7, 2010, 4:52 PM | 2 Comments
  • Dec. 6, 2010, 10:54 AM

    The retirement of Massey Energy (MEE +2.9%) CEO Don Blankenship may increase the company's chances of acquiring another coal concern or speed up the process of selling the company outright. Blankenship had been viewed as opposing a sale to Alpha Natural Resources (ANR), so his departure could make a sale to the rival firm more likely.

    | Dec. 6, 2010, 10:54 AM | 1 Comment
  • Nov. 23, 2010, 2:37 PM
    Massey Energy (MEE -1.6%) sees a spike in volume attributed to a Business Standard story discussing Coal India as a potential buyer.
    | Nov. 23, 2010, 2:37 PM
  • Nov. 22, 2010, 1:36 PM

    Massey Energy (MEE +5%) moves higher on news it will explore selling itself. Massey has been approached by Alpha Natural Resources (ANR), Arcelor Mittal (MT), Arch Coal (ACI), Consol Energy (CXS) and others, sources tell Bloomberg.

    | Nov. 22, 2010, 1:36 PM
  • Nov. 17, 2010, 9:02 AM

    Mediation discussions between Massey Energy (MEE) and hundreds of plaintiffs broke off yesterday evening, setting the stage for an August trial over the improper disposal of slurry. Plaintiffs are seeking $100M in damages, and Massey's insurers (including AIG) have refused to cover the claims.

    | Nov. 17, 2010, 9:02 AM | 3 Comments
  • Nov. 15, 2010, 9:48 AM
    Shares of Massey Energy (MEE +1.7%) are rising after media reports suggest ArcelorMittal (MT) is potentially interested in buying the company.
    | Nov. 15, 2010, 9:48 AM
  • Nov. 5, 2010, 3:31 PM
    Massey Energy (MEE +11.2%) weighs a takeover offer from Alpha Natural Resources (ANR -3.5%), WSJ reports, and is expected to review other options that include an auction of the company at a board meeting later this month. Arch Coal (ACI +2.2%) and Consol Energy (CNX +2.2%) also may be interested in acquiring Massey.
    | Nov. 5, 2010, 3:31 PM | 1 Comment
  • Oct. 29, 2010, 1:51 PM

    Massey Energy's (MEE +0.3%) top safety officer and at least five other company officials have invoked their Fifth Amendment rights and refused to answer questions from government investigators trying to determine the cause of April's deadly coal mining accident.

    | Oct. 29, 2010, 1:51 PM
Company Description
We are one of the largest coal producers in the United States and we are the largest coal company in Central Appalachia, our primary region of operation, in terms of tons produced and total coal reserves in 2009. We produce, process and sell bituminous coal of various steam and metallurgical... More
Industry: Industrial Metals & Minerals
Country: United States