Orlando, FL -- (SBWIRE) -- 09/26/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Keryx Biopharmaceuticals (NASDAQ:KERX), Peabody Energy Corporation (NYSE:BTU).
Keryx Biopharmaceuticals (NASDAQ:KERX) shares gained 4.19% to $10.19. The company announced that Ron Bentsur, the Company's Chief Executive Officer, will be presenting at BioCentury's NewsMakers in the Biotech Industry Conference at 3:00 pm EDT on Friday, September 27, 2013, in New York City.
Additionally, H.C. Wainwright & Co. analyst Reni Benjamin initiated coverage on Keryx Biopharmaceuticals on Sept. 25 with a Buy rating and $15.00 price target.
Are investors worried about the recent updates with KERX? Find out with a free trend analysis HERE
Peabody Energy Corporation (NYSE:BTU) shares declined 1.45% to $17.73. The company on Sept. 23 announced that the United Mine Workers of America (UMWA) had previously rejected an offer in settlement of all claims with the UMWA, payable over 15 years, which could also have been used to provide 3,100 Patriot Coal retirees with lifetime healthcare benefits comparable to those of Peabody's active corporate employees.
Senior Vice President of Global Investor and Corporate Relations Vic Svec said that the settlement offer could have been used to fund the newly-established Voluntary Employee Beneficiary Association that will provide healthcare benefits to retirees in the wake of Patriot's bankruptcy.
Additionally, the company on Sept. 17 said it took steps to avoid paying health care benefits to some 3,100 retirees it assumed from bankrupt Patriot Coal Corp., appealing an Eighth Circuit panel’s decision finding that it is obligated to fund the benefits.
Moreover, the company on Sept. 13 asked the bankruptcy court to confirm the termination of our contractual obligation to fund certain of Patriot Coal's retiree healthcare benefits. Under Patriot Coal's new labor agreements with the UMWA, its obligation to pay healthcare benefits for its retirees will terminate by January 1, 2014.
Is BTU going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
Join Our Mobile SMS Alerts By Texting Stocks To 555888
HotStockProfits.com continuously monitors and scans the markets for day trading and swing trading signals on NASDAQ, NYSE, AMEX, OTCBB and Pink Sheet companies for its free e-newsletter subscribers.
HotStockProfits.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit HotStockProfits.com website, for complete risks and disclosures.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)