Coronado Global Resources (CRDAF) announced that it has jointly agreed with Peabody Energy Corporation (BTU) to cease discussions regarding a potential combination of the two companies. Coronado said it continues to pursue and implement its existing capital management plans and remains focused on its existing capital investments and long-term development strategy. Reference Link
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on BTU:
- Peabody Energy (NYSE:BTU), Coronado End Talks; Peabody Stock Steadily Rising
- PEABODY REPORTS RESULTS FOR QUARTER ENDED SEPTEMBER 30, 2022
- Peabody Energy says third party reports of earnings ‘are false’
- PEABODY HAS NOT ISSUED EARNINGS FOR THE QUARTER ENDED SEPTEMBER 30, 2022
- Peabody Energy, Coronado Global Resources in talks about merger, Reuters says