Peabody Energy Beats Estimates

Peabody Energy Corp. (NYSE: BTU) fell to a loss for the first quarter of 9 cents per share compared with earnings of 63 cents per share in the year ago period but the results were better than expected lifting the stock price $1.44 to close at $20.46. Shares of Alpha Natural Resources (NYSE: ANR) rose 50 cents to close at $7.35 on Peabody's upbeat results.

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