Peabody cuts 2013 capex to pay down debt

Feb 04, 2013 | 02:46 PM | Stacy Irish

Tags  Peabody Energy, coal, capital expenditure, debt, Steel First, Stacy Irish

NEW YORK — Coal producer Peabody Energy Inc. has slashed its 2013 capital expenditure plans by 50 percent to between $450 million and $550 million in order to pay off debt.....

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