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    coal investing

    Weak Coal Prices Pushes Teck Down to Three-Month Low

    Investing News Network
    Feb. 07, 2013 10:45AM PST
    Industrial Metals

    Bloomberg reported that Teck stock prices tumbled to a three-month low on news of weak coal forecasts.

    Bloomberg reported that Teck stock prices tumbled to a three-month low on news of weak coal forecasts.

    As quoted in the market report:

    Teck dropped 4.5 percent to C$34.99 at 10:41 a.m. in Toronto, after earlier declining 5 percent, the most intraday since Nov. 7. Shares of the Vancouver-based company have tumbled 16 percent in the past 12 months.

    To view the whole Bloomberg report, click here. 

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