Early Briefing and Review: Vale S.A., Alpha Natural Resources Inc., Arch Coal Inc., and Molycorp Inc.
Early Briefing and Review: Vale S.A., Alpha Natural Resources Inc., Arch Coal Inc., and Molycorp Inc. Editor Note: For more information about this release, please scroll to bottom PR Newswire LONDON, October 30, 2013 LONDON, October 30, 2013 /PRNewswire/ -- On Tuesday, October 29, 2013, all three benchmark indexes of the US equity market closed higher with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.56%, 0.72%, and 0.31%, respectively. Shares in the industrial metals and minerals industry mostly ended on a lower note, even as the broader market advanced. The major movers included Vale S.A. (NYSE: VALE), Alpha Natural Resources Inc. (NYSE: ANR), Arch Coal Inc. (NYSE: ACI), and Molycorp Inc. (NYSE: MCP). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at: http://www.aaaresearchreports.com/register/ Vale S.A.'s shares ended the day 0.28% lower at $16.19, after oscillating between $16.00 and $16.22. A total of 10.83 million shares were traded, which is below the daily average volume of 18.07 million. Despite Tuesday's losses, the company's stock has gained 3.78% in the last one month and 14.66% in the previous three months, compared to a gain of 4.74% and 5.14% in the S&P 500 during the respective periods. Furthermore, Vale SA's stock is trading above its 50-day moving average of $15.76. Sign up for free report on VALE at: http://www.AAAResearchReports.com/VALE103013.pdf Shares in Alpha Natural Resources Inc. fell by 0.76% on Tuesday, even as the broader market posted gains. The company's shares closed the day at $6.54, after trading between $6.30 and $6.75. A total of 8.32 million shares were traded, which is below the daily average volume of 10.46 million. Despite Tuesday's pullback, Alpha Natural Resources Inc.'s stock has gained 7.57% in the last one month and 16.99% in the previous three months, outperforming the S&P 500, which has gained 4.74% and 5.14% during the respective periods. Additionally, the company's shares are trading above their 50-day moving average of $6.16. ANR free technical report can be accessed by signing up at: http://www.AAAResearchReports.com/ANR103013.pdf On Tuesday, Arch Coal Inc.'s stock edged lower to close at $4.15, down 0.24% from the previous day's closing price of $4.16. The company's shares oscillated between $3.93 and $4.26 during the trading session. A total of 18.76 million shares were traded, which is above the daily average volume of 8.91 million. Despite Tuesday's losses, Arch Coal Inc.'s stock has gained 1.22% in the previous three trading sessions and 0.73% in the last three months, compared to a gain of 1.13% and 5.14% in the S&P 500 during the respective periods. Further, the company's stock is trading below its 50-day and 200-day moving averages of $4.40 and $4.91, respectively. A free report on ACI can be accessed by registering at: http://www.AAAResearchReports.com/ACI103013.pdf Molycorp Inc.'s stock closed at par with the previous day's closing price of $5.15 on Tuesday, even as the broader traded posted gains. The company's shares oscillated between $5.10 and $5.20 during the trading session. A total of 3.94 million shares were traded, which is below the daily average volume of 7.42 million. The company's shares have fallen by 4.28% in the previous three trading sessions, underperforming the S&P 500, which has advanced 1.13% during the same period. Moreover, Molycorp Inc.'s stock is trading below its 50-day and 200-day moving averages of $6.42 and $6.44, respectively. Register with AAA Research Reports and download research on MCP for free at: http://www.AAAResearchReports.com/MCP103013.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. SOURCE AAA Research Reports Contact: Phone #: +1(646)396-9126 Contact Name: Peter F. Jones: firstname.lastname@example.org