Peabody Energy Booted From S&P 500, King Coal on the Defensive as Market Signals Industry Decline

DeSmogBlog
By Steve HornSep 23, 2014, 8:00 am60 pts
King Coal and industry multinational Peabody Energy (BTU) have taken a beating in the markets lately, and it has some executives in the dirty energy industry freaking out. On September 19, Dow Jones removed Peabody Energy from its S&P 500 index, considered a list of the premier U.S. stocks for investors.…

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