Peabody Loves The Coal Demand 'Supercycle': Q2 Profit Up 38%

July 19, 2011   |   July 2011 Bond Updates
Attesting to the increased growth in demand for coal, Peabody Energy’s second quarter earnings showed strong double digit growth in revenue and net income, beating Wall Street’s expectations on continued strong demand from China and India along with improved production and pricing in Australia.

View more at: http://blogs.forbes.com/afontevecchia/2011/07/19/peabody-loves-the-coal-demand-supercycle-q2-profit-up-38/
 
Related News
Home| About us | Contact us http://www.bondupdatesdailynews.com/