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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Stocks Stumbling to 52-Week Lows: J.C. Penney, Dell

Category : Business

NEW YORK (TheStreet) — The following stocks hit 52-week lows on Tuesday: J.C. Penney, Consol Energy, Dell, Abercrombie & Fitch, Jos. A Bank, Juniper Networks and Electronic Arts.

Zynga, meanwhile, is at its lowest since its initial public offering in December.

J.C. Penney …

Click to view a price quote on JCP.

Click to research the Retail industry.

Continued here: Stocks Stumbling to 52-Week Lows: J.C. Penney, Dell

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Why Coal Prevents West Virginia Democrats From Endorsing Obama

Category : Business, Stocks

NEW YORK (TheStreet) — Coal doesn’t know if it will vote for President Obama in November.

That’s what the headline probably should have said, but the Republican National Committee’s Wednesday email blast made it appear that Democrats have scuffled to the sideline in supporting Obama for 2012.

Click to view a price quote on ACI.

Click to research the Metals & Mining industry.

View post: Why Coal Prevents West Virginia Democrats From Endorsing Obama

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Market Preview: Stay for May?

Category : Business

NEW YORK (TheStreet) — So April turned out to be at least uncooperative, if not cruel, and now May is upon us. Should investors head for the exits or skip summer vacation this year?

Sam Stovall, chief equity strategist at S&P Capital IQ, tackled this question on Monday, noting the performance data does seem to back up the “sell in May” part of the old trading adage.

“Over the past 67 years, the S&P 500′s performance in May has been a bit lackluster, recording an average advance of only 0.31% vs. the average gain of 0.67% for all months, thereby ranking it eighth,” Stovall wrote. “The frequency of a monthly advance has also been slightly sub-par at 57% versus the average 59%.”

Click to view a price quote on SIRI.

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Continued here: Market Preview: Stay for May?

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2 Coal Stocks Hitting 52-Week Lows

Category : Business, Stocks

NEW YORK (TheStreet) – Two coal stocks — Arch Coal and Cloud Peak Energy — fell to 52-week lows on Wednesday.

Arch Coal

Shares of Arch Coal sunk to a 52-week low Wednesday of $9.70. The stock’s 52-week high of $35.06 was set on May 2.

Click to view a price quote on ACI.

Click to research the Metals & Mining industry.

Continue reading here: 2 Coal Stocks Hitting 52-Week Lows

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Credit Suisse isn’t on board with recent talk about coal hitting a bottom (I, II), as the firm cuts its 2012 met coal forecast by ~3% (2013 unchanged), its seaborne thermal coal price by ~10% in both 2012 and 2013, and its U.S. thermal coal price by…

Category : Stocks, World News

Credit Suisse isn’t on board with recent talk about coal hitting a bottom (I, II), as the firm cuts its 2012 met coal forecast by ~3% (2013 unchanged), its seaborne thermal coal price by ~10% in both 2012 and 2013, and its U.S. thermal coal price by an average of 11% for 2013. Coal shares took a drubbing today: ANR -2.6%, BTU -3.3%, ACI -6%, CLD -3.9%. Post your comment!

Read more: Credit Suisse isn’t on board with recent talk about coal hitting a bottom (I, II), as the firm cuts its 2012 met coal forecast by ~3% (2013 unchanged), its seaborne thermal coal price by ~10% in both 2012 and 2013, and its U.S. thermal coal price by…

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Arch Coal ([[ACI]] -3.3%) trades lower on a couple of downgrades today, reduced to Hold at Argus on weak coal fundamentals, and cut to Sector Perform at Iberia citing lower coking coal production and higher capex.

Category : Stocks, World News

Arch Coal (ACI -3.3%) trades lower on a couple of downgrades today, reduced to Hold at Argus on weak coal fundamentals, and cut to Sector Perform at Iberia citing lower coking coal production and higher capex. Post your comment!

Read more here: Arch Coal ([[ACI]] -3.3%) trades lower on a couple of downgrades today, reduced to Hold at Argus on weak coal fundamentals, and cut to Sector Perform at Iberia citing lower coking coal production and higher capex.

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Trading Coal Stocks: Between Bankruptcy Risk and a Bottom

Category : Business, Stocks

NEW YORK (TheStreet) — The situation continues to look pretty bad for coal stocks, as it has since last year.

Low natural gas pricing and weak demand in a warm winter has kept a lid on coal. The steel market growth profile in 2012 and need for metallurgical coal is OK at best. These companies are in a difficult balance sheet situation, but they’ve been here and done this cash crunch dance before. Smart investors often say to buy when there is fear in the market, and coal stocks have come back a little from October lows.

Is the next move closer to bankruptcy or an extended bounce?

It can’t get much worse for coal stocks, or can it?

Click to view a price quote on ACI.

Click to research the Metals & Mining industry.

Continued here: Trading Coal Stocks: Between Bankruptcy Risk and a Bottom

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