Orlando, FL -- (SBWIRE) -- 10/17/2013 -- 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 Frontier Communications Corp(NASDAQ:FTR), Peabody Energy Corporation (NYSE:BTU).
Frontier Communications Corp(NASDAQ:FTR) shares gained 0.89% to $4.41. Members of the Communications Workers of America (CWA) in five Midwest states on Oct. 3 ratified a customer-focused labor agreement with Frontier Communications (NASDAQ:FTR), said Senior Vice President and General Manager Dave Davidson. The contract, finalized Sept. 24 after almost seven months of negotiations, affects more than 1,100 employees, including 574 employees in Ohio. The new contract also covers employees in Indiana, Wisconsin, Illinois and Michigan.
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Peabody Energy Corporation (NYSE:BTU) shares gained 1.13% to $17.89. The company will release its Q114 earnings data on Thursday, October 17th. Analysts expect Peabody Energy Corp. to post earnings of ($0.04) per share and revenue of $1.79 billion for the quarter. Peabody Energy Corp. has set its Q3 guidance at $(0.16)-0.09 EPS.
Additionally, 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.
Moreover, BTU‘s stock had its “neutral” rating reiterated by analysts at Goldman Sachs Group Inc. in a research report issued to clients and investors on Sept. 30.
Is BTU going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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