CORAL SPRINGS, Florida, January 24, 2013 /PRNewswire/ --
FinancialNewsMedia.com "Active Energy Companies to Watch" for today: New Colombia Resources, Inc. (OTC: NEWC), Peabody Energy Corp. (NYSE:BTU), Walter Energy, Inc. (NYSE: WLT), Vale SA (NYSE: VALE) and CONSOL Energy Inc. (NYSE: CNX)
Headline News: New Colombia Resources, Inc. (OTC: NEWC) (formally known as VSUS Technologies, Inc (VSUT)), announces that the Company Name and Trading Symbol change becomes official.
The official name change for VSUS Technologies, Inc has taken place along with its trading symbol. The company name is now New Colombia Resources, Inc. trading under the ticker symbol - (OTCQB: NEWC). For details see: http://www.otcmarkets.com/stock/NEWC/company-info.
"Since we are now in a position to reach production as soon as possible, I felt a name change was necessary. Colombia is an emerging country with many available resources that we have the ability to acquire. Being from Colombia gives us certain advantages. These next few weeks should be very exciting for our growing company and its shareholders." stated John Campo, President of New Colombia Resources, Inc.
New Colombia Resources, Inc. is focused on the acquisition and development of high-quality metallurgical coal properties in the Republic of Colombia. They own 100% of La Tabaquera mine in Colombia with an estimated 15- 17 MM tonnes of reserves, 70% metallurgical and 30% thermal coal. Once the necessary financing is obtained, the Company plans to have three revenue producing business units in Colombia: coal mining, coking oven facilities, docks, river, and rail transportation to export terminals in Colombia. The Company is also exploring allegiances with U.S. universities to study capturing Coal Bed Methane (CBM) in Colombia.
Read the entire press release and company disclosures at: http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=245
When FinancialNewsMedia.com's coverage began for VSUS Technologies, now known as New Colombia Resources, the price per share was $0.0049. Today NEWC is trading up over 900% since news coverage began and according to John Campo, NEWC President, the next few weeks should be exciting times for the company. Be sure to keep NEWC on your watch list!
Active Energy Leaders to keep a close eye on are:
Peabody Energy Corp. (NYSE: BTU) has been reiterated by TheStreet.com Ratings as a hold with a ratings score of C. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and disappointing return on equity. To read the full story go to http://www.thestreet.com/story/11818508/1/peabody-energy-corporation-stock-hold-recommendation-reiterated-btu.html?puc=yahoo&cm_ven=YAHOO.
Walter Energy, Inc. (NYSE: WLT) issued a press release this week announcing that it will release its fourth quarter and full year 2012 earnings results after the market closes on Wednesday, February 20, 2013, and will conduct a conference call on Thursday, February 21, 2013, at 8:00 a.m. CST / 9:00 a.m. EST, which can be accessed at http://www.walterenergy.com. Dahlman Rose upgraded its rating on this company from Hold to Buy and changed its price target to $48.
Vale SA (NYSE: VALE) is a Brazil-based metals & mining company, producing and supplying iron ore, iron ore pellets, nickel, copper, coal, phosphate, potash, cobalt and others. The company also provides logistics services. Vale closed at $20.12 with 0.50% gain on Tuesday with a volume of 13.13M, which was 16.74% less than 15.77M. Vale had been trading in the range of $15.77-$26.87 in the past 52 weeks. Goldman Sachs' analysts remain positive. The analysts from Goldman Sachs, Marcelo Aguiar and Diogo Miura, remain positive for 2013 and had raised their price target on VALE to $29.30 from $28.90.
CONSOL Energy Inc. (NYSE: CNX) is a Pittsburgh-based producer of coal and natural gas. It has 12 bituminous coal mining complexes in four states and reports proven and probable coal reserves of 4.5 billion tons. The company's premium Appalachian coals are sold worldwide to electricity generators and steelmakers. TheStreet.com Ratings last week rated Consol Energy as a hold. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. For more details go to http://www.thestreet.com/story/11817279/1/consol-energy-rises-on-unusually-high-volume-cnx.html?puc=yahoo&cm_ven=YAHOO.
Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com. You can also get breaking news first with our FREE SMS Text Alerts formatted specially for mobile phones by texting STOCKS to 545454 from your cellular device. (SMS alerts are free; however standard message & data rates may apply. Check with your carrier for more details.)
If you're a company interested in having FN Media Group assist you with creating a greater awareness for your next news release utilizing our multi-media and leading edge investor outreach solutions, contact us now at email@example.com or visit us at http://www.financialnewsmedia.com.
DISCLAIMER: FN Media Group LLC (FNMG), a third party publisher and news dissemination service provider, owns and operates FinancialNewsMedia.com (FNM) which disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For disseminating this release, FNMG was not compensated on behalf any company named herein but expects to be compensated for providing news coverage for New Colombia Resources, Inc. (OTCQB: NEWC), at which time such compensation shall be fully disclosed. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE AND WAS NOT COMPENSATED BY ON OTHER COMPANY INCLUDED HEREIN.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
SOURCE FN Media Group LLC