Peabody Loves The Coal Demand ‘Supercycle’: Q2 Profit Up 38%
- Tuesday, July 19, 2011, 22:41
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Attesting to the increased growth in demand for coal, Peabody Energy’s second quarter earnings showed strong double digit growth in revenue and net income, beating Wall Street’s expectations on continued strong demand from China and India along with improved production and pricing in Australia.
http://blogs.forbes.com/afontevecchia/2011/07/19/peabody-loves-the-coal-demand-supercycle-q2-profit-up-38/