Dahlman Rose Reiterates Hold Rating on James River Coal Company on Major Restructuring
Posted on March 08, 2013 at 11:33 AM EST
In a report published Friday, Dahlman Rose reiterated its Hold rating on James River Coal Company (NASDAQ: JRCC ). Dahlman Rose noted, “In response to weak markets and a high CAPP operating cost structure, JRCC announced a major restructuring that idles 3MM tons of capacity in CAPP. Curtailments are focused