Peabody Energy Corporation (BTU): Peabody confirms 235 positions being eli...

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Peabody Energy Corporation (BTU)

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Re: Danny79 post# 1207

Thursday, 03/31/2016 10:07:29 AM

Thursday, March 31, 2016 10:07:29 AM

Peabody confirms 235 positions being eliminated.

The prior posting has the press release from the company itself. They confirm 235 positions to be eliminated. This reduction would fit the narrative that there is a surplus of coal on the market and/or prices are too low to mine it at a profit.

Louis J. Desy Jr.

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