Analyst Sees Overseas Profits for US Coal Firms

- May 20th, 2011

Forbes reported that demand for Appalachian coal should drive up profits for US producers.

Forbes reported that demand for Appalachian coal should drive up profits for US producers.

The market news is quoted as saying:

India and Europe will likely to import more of the plentiful, dirtier-burning coal used by electric plants, Brean Murray Carret & Co. analyst Jeremy Sussman said in a research note Friday.

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