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Patriot Coal Idles Thermal Coal Complex
Posted on February 02, 2012 at 16:30 PM EST
Patriot Coal Corp. (NYSE: PCX) fell to a fourth quarter loss of 42 cents per share compared with earnings of 8 cents per shares in the year ago period as coal demand weekend. Investors welcomed news that the coal producer will idle its Big Mountain thermal coal complex. The stock price gained 83 cents to close at $8.55. Related Stocks:
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