MASSEY ENERGY

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Alpha Natural reaches settlement over Massey mine accident: report

Alpha Natural Resources has agreed to pay $200 million to resolve a range of civil and criminal penalties linked to the Upper Big Branch accident as well as other liabilities it inherited when it bought Massey Energy in June, the Wall Street Journal said, citing several people familiar with the settlement.
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U.S. may issue record fine to Massey Energy for accident: report

Federal regulators are expected to issue the largest fine ever to a U.S. mining company in connection with the Massey Energy accident last year that killed 29 coal miners in West Virginia, the Wall Street Journal said, citing two people briefed on the matter.
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Coal miner Massey shares rise on acquisition

Shares of coal miner Massey Energy surged 13 percent in premarket trading on Monday, the first trading day after rival Alpha Natural Resources agreed to buy it in a $7 billion deal.

US Stocks Higher on Earnings, Consumer Spending

Dow Jones Index was up 21.99 points, or 0.19 percent, to 11,845.69 and the S&P 500 index rose 4.54 points, or 0.36 percent, to trade at 1,280.88. Meanwhile, Nasdaq gained 0.39 points, or 0.01 percent, to 2,687.28.
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Stock futures edge up as M&A tempers Egypt worry

U.S. stock index futures edged higher on Monday as merger activity and expectations for solid earnings overshadowed concerns about the possible spread of unrest in Egypt to other parts of the Middle East.
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Alpha Natural agrees to acquire Massey Energy

Shares of Massey Energy Co. (NYSE: MEE) are rallying this morning after it was announced over the weekend that Alpha Natural Resources Inc. (NYSE:ANR) agreed to buy the metallurgical coal producer in a cash-and-stock deal valued at $8.5 billion.
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Stocks slump as economy woes overhang

U.S. stocks sagged on Thursday as data that showed weekly initial jobless claims fell more than expected failed to stir much enthusiasm over the economy.
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Dow falls below 10,000

U.S. stocks sagged on Thursday and the Dow closed below 10,000 a day ahead of an expected downward revision in U.S. second-quarter economic growth and a major speech by Federal Reserve Chairman Ben Bernanke.
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Dow slips below 10,0000

Stocks sagged on Thursday and the Dow closed below 10,000 a day ahead of an expected downward revision in U.S. second-quarter economic growth and a major speech by Federal Reserve Chairman Ben Bernanke.
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Narrow proxy victory for miner Massey's directors

Three directors were narrowly reelected to coal miner Massey Energy Co's board on Tuesday in a proxy battle launched by investors angered that share value has plummeted since an explosion killed 29 workers at a company mine six weeks ago.
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Massey faces criminal probe for mine blast: sources

Massey Energy Co is under criminal investigation by the FBI after the deadly mine explosion in West Virginia, U.S. officials familiar with the matter said on Friday, news that sent the company's stock plummeting.
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Massey director defends CEO, assails unions

Massey Energy Co , owner of the West Virginia coal mine where 29 miners were killed three weeks ago, accused unions on Monday of spreading a big lie that the company had traded safety for profit.
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Massey to up coal output at other mines after blast

Coal miner Massey Energy Co , owner of the Upper Big Branch mine where at least 25 miners died in a blast this week, said it was working to increase production at its other mines to mitigate losses at UBB.

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