Coal Demand Expected To Rise In China
Dahlman Rose & Co. analyst Daniel W. Scott expects coal demand to rise in China lifting shares of Alpha Natural Resources Inc. (NYSE: ANR) $1.24 to close at $8.55, Arch Coal Inc. (NYSE: ACI) $1.08 to close at $7.94 and Peabody Energy Corp. (NYSE: BTU) $2.15 to close at $26.18.
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