Monthly Archives: August 2016

Arch Coal Puts Its Bankruptcy Plan to a Vote

On July 6, the bankruptcy court approved Arch Coal’s Third Amended Bankruptcy Plan and Disclosure Statement. That set in motion the voting process which is scheduled to end on August 31. If there are no hitches and creditors vote in … Continue reading

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Prison REIT Shares Get Thrown into the Dungeon

On August 18, in a memo issued by Deputy Attorney General Sally Q. Yates, the Justice Dept. ordered the Federal Bureau of Prisons (BOP) to take steps either to decline to renew contracts with private prison companies or to reduce … Continue reading

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Westmoreland Coal: Still Hanging On

Like most of its peers, Westmoreland Coal Company (WLB) has seen its stock price fall precipitously over the past several years. Its stock is down more than 80% since it peaked in July 2014.

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