Yanzhou Coal Mining Co. (ADR)
Basic materials deserve a more enticing name. Let's leave that talk for the coffee break, though, and focus on why they are considered "basic." These materials are "basic" because they are elemental, meaning that they represent the ground core for any project that involves construction of some sort.
On the finance road, stock prices for companies involved with basic materials have dropped. Here are three companies with interest yields more »
“China consumes nearly as much coal as the rest of the world combined,” explains the U.S. Energy Information Administration. That makes Chinese demand a big issue for coal companies like Peabody Energy (NYSE: BTU), Alpha Natural Resources (NYSE: ANR), and Yanzhou Coal Mining (NYSE: YZC).
Between 2000 and 2011, coal consumption throughout the world minus China increased from 3.8 billion tonnes to 4.3 billion. Chinese more »
Happy belated New Year!
OK, enough of the frivolity. Let's get down to business.
Stock markets worldwide celebrated the ceremonial "kicketh of the can" on Wednesday as the value of virtually everything except the dollar, US treasuries and my beer can collection went up. But we're all smarter than that and didn't get sucked into the fleeting sigh of relief.
Whether or not this deal is the more »
Prior to joining Global X Funds, Alex Ashby lived and traveled extensively throughout Asia. He currently manages a group of six ETFs covering the consumer, energy, financial, industrial, material, and technology sectors of the Chinese economy. The Global X China Energy ETF (NYSEMKT: CHIE) provides investors with exposure to energy companies in China and is designed to be a transparent, cost-efficient way to get access to the growing demand for more »
A lot of people love dividends as much as I do, which I can tell because people seem to like posts about these glorious cash payouts. But there's usually a pretty heavy price to pay for good dividends -- the loss of solid growth prospects. At least that's what a lot of people think. How can a company pay its investors and have anything left to finance the hardcore more »
While 2012 has been a bleak year for companies operating in the coal sector, there are five recent developments that should lead to a brighter future for Cliff Natural Resources (NYSE: CLF), BHP Billiton (NYSE: BHP), Peabody Energy (NYSE: BTU) and Yanzhou Coal Mining Company (NYSE: YZC), and others in the industry.
The first, and most significant, involves the biggest consumer of coal in the world, China. Beijing announced in more »