FBR Capital Markets drops coverage of US coal companies

摘要

FBR Capital Markets & Co. on April 20 said it has discontinued itsncoverage of U.S. coal companies, citing a “reallocation of resources.”nThe research firm has dropped coverage of Alpha NaturalnResources Inc., Arch Coal Inc., Cliffs Natural Resources Inc., CloudnPeak Energy Inc., Peabody Energy Corp. and Walter Energy Inc. FBRnremoved CONSOL Energy Inc. from its “FBR Top Picks” list, but said itnwill continue to cover the coal and natural gas producing company.