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Reuters reported that shares of Alpha Natural Resources (NYSE:ANR) improved on the announcement of higher than anticipated quarterly profits.
Reuters reported that shares of Alpha Natural Resources (NYSE:ANR) improved on the announcement of higher than anticipated quarterly profits.
As quoted in the market news:
The earnings beat, plus an increase in Alpha’s 2012 metallurgical (met) and Western U.S. steam coal shipment targets, sent the company’s stock soaring 10.7 percent to $26.50 on the New York Stock Exchange on Thursday.