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Alpha Reports Second-Quarter Loss on Massey Acquisition Costs
Aug. 04, 2011 06:51AM PST
Industrial MetalsBloomberg reported that costs for the takeover of Massey Energy Co. pushed profits down for Alpha Natural Resources (NYSE:ANR).
Bloomberg reported that costs for the takeover of Massey Energy Co. pushed profits down for Alpha Natural Resources (NYSE:ANR).
The market news is quoted as saying:
Alpha fell 82 cents, or 2 percent, to $40.08 yesterday in New York Stock Exchange composite trading. The shares have fallen 33 percent this year.