Alpha logs $46.1M loss in ‘challenging’ market
Nov 06, 2012 | 02:55 PM
| Stacy Irish
Tags
Alpha Natural Resources,
Kevin Crutchfield,
metallurgical coal,
Stacy Irish
NEW YORK — Alpha Natural Resources Inc. posted a net loss of more than $46.1 million in the third quarter in contrast to net income of $62.6 million in the same period last year due to "challenging market conditions."
Earnings before interest, taxes, depreciation and amortization stood at $143.9 million, down 47.4 percent from $276.2 million a year earlier. ....
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