Thursday, April 5, 2007

UPDATE 1 - Coal stocks, options surge on positive factors

(Reuters) - CHICAGO/NEW YORK, April 5 - Coal company shares and options volumes surged on Thursday, on a combination of bullish factors, including the prospect of higher coal prices and speculation over a round of mine consolidation.

"Coal stocks are smoking," said Frederic Ruffy, analyst at options education firm Optionetics in Redwood City, California.


Read more at Reuters.com Mergers News

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