World’s Largest Coal Company Emerges From Bankruptcy
Peabody Energy, the largest U.S. coal producer, has emerged from bankruptcy after reorganizing and is once again selling stock. “Our financial focus will now be on reducing debt, targeting high-return investments and returning cash to shareholders over time,” Peabody CEO Glenn Kellow said in a press release Monday. Peabody reported $2 billion in losses in 2015,…
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Sure is empty down here...