bhs7695

Some of Alpha's operations in SWVA are going to be acquired by another company. No exchange of money, just the acquisition of the properties and liabilities that go with them.

Whomever is going to win the nomination and presidency has got to generate some excitement from the voting public. Mitt didn't do that and it cost him election. I'm hoping for Scott Walker.

Thanks again Mr. Obummer!!! ANR plans on Monday to announce. http://www.bloomberg.com/news/articles/2015-07-30/alpha-natural-said-to-plan-bankruptcy-filing-as-soon-as-monday

"Do as I say, don't do as I do." - Hillary Clinton http://www.dailymail.co.uk/news/article-3176630/Video-shows-Hillary-Clinton-boarding-private-jet-just-hours-launching-global-warming-push-s-using-FRENCH-aircraft-burns-347-gallons-fuel-hour.html

I really shouldn't be shocked by anything you say and do anymore! hahaha You ain't right!

There goes Water Energy...... http://powersource.post-gazette.com/powersource/companies/2015/07/15/Coal-miner-Walter-Energy-files-for-bankruptcy-Alabama-West-Virginia/stories/201507150218 Coal miner Walter Energy files for bankruptcy July 15, 2015 4:24 PMBy Anannya Pramanick and Amrutha Gayathri / Reuters Walter Energy Inc filed for bankruptcy protection on Wednesday, becoming the latest coal miner to do so as they struggle with a steep fall in prices since 2011. The company said only its U.S. units have filed for a prepackaged Chapter 11 bankruptcy protection, and that operations in Canada and the UK are not included in the filings. Pre-negotiated bankruptcies are designed to sail through legal proceedings faster than a typical bankruptcy. Walter Energy, which has coal mines in Alabama and West Virginia, said terms of the restructuring assume senior lenders will convert all of their debt into equity. The Birmingham, Alabama-based company also said it had enough cash to assure that vendors and suppliers would be paid during the reorganization process. Walter Energy, whose shares have lost almost all their value in the last 12 months, warned in May it would have to seek bankruptcy protection if it failed to restructure its debt. Walter Energy had total debt of $3.02 billion as of March 31, according to a regulatory filing. The company's bankruptcy filing comes on the heels of Patriot Coal Corp's second Chapter 11 filing in May. Patriot filed for bankruptcy protection just 18 months after emerging from its previous Chapter 11, and said it was in negotiations with a potential buyer. Low demand for steel and a glut of metallurgical coal have depressed prices for the steel-making commodity, while thermal coal demand has weakened with power utilities switching to cheaper and cleaner natural gas. Steel-making coal made up more than 90 percent of Walter Energy's coal sales in 2014. The company also produces coke and natural gas, besides thermal coal. The company, which has been in the red for the last two years, in February forecast a 10 percent drop in steel-making coal sales in 2015, citing sluggish Chinese and European demand. Walter Energy, which began as a construction company in 1946, dabbled in mortgage finance and various industrial manufacturing businesses before buying coal assets in 1970s. At its peak, the company, then called Walter Industries Inc, had more than $2.4 billion in revenue and about 25,000 employees. But the company closed or divested all of its non-coal businesses by 2009, when it re-branded itself as Walter Energy.

NYSE has started to delist ANR http://www.streetinsider.com/Corporate+News/NYSE+to+Suspend+Trading+in+Alpha+Natural+Resources+%28ANR%29,+Commence+Delisting+Proceedings/10728903.html

Surprised it took this this long really. Arch can't be too far behind.

I agree with you 100%! Although, if they were to shut down UVA because of it's history with Thomas Jefferson, a slave owner, I don't know that I'd be upset about that! lol Just kidding

I raise your raise (pun intended) https://www.youtube.com/watch?v=UxR7UW3aeQ0#action=share

http://www.al.com/opinion/index.ssf/2015/07/confederate_flag_is_gone_is_ne.html The Confederate flag is down. Will Louisiana's fleur-de-lis be the next to go? That's the question posed by some in New Orleans, who point to the emblem's previous connections to slavery as the reason why it must go. The questions arose during a recent meeting of the New Orleans City Council where the removal of Confederate monuments was discussed. Rudy Mills, head of the grassroots group Remove Racist Images, said he'd like all vestiges of the slavery and Confederacy removed from the city. Mills said that includes the iconic fleur-de-lis. "Check the history. It's also a very racist symbol," he told the council. While many see the fleur-de-lis as a symbol of all things New Orleans and Louisiana, it does have a dark history. "Code noir, those words are French and mean black code," slave historian Dr. Ibrahima Seck told USA Today, referring to a set of regulations adopted in Louisiana in 1724 as a means to govern the state's slave population. Among the provisions of the code was branding runaway slaves with the fleur-de-lis as punishment. Other parts of the brutal code included whippings, cropping slave's ears and, for repeat offenders, slicing the person's hamstrings. Seck said the fleur de lis carries powerful symbolism, but said it also has become a sign of unity for many in New Orleans, especially during the rebuilding following hurricane Katrina. Tulane history professor Terence Fitzmorris agreed. "The fleur-de-lis was the symbol of a monarchy. The United States of America was a slave-holding republic, not just the south or the Confederacy. Where do you stop? Do you get rid of all symbols?" he told WMAZ. For its part, the New Orleans City Council remained mum on any removal of the fleur-de-lis. Instead, it voted – unanimously – to begin the process of removing four Confederate monuments in the city. As Councilman Councilman Jared Brossett put it: "New Orleans is a city with a bright future, but we have a dark past and so does our country. I'm not under the delusion that the removal of a statue or the renaming of a circle will magically" result in racial harmony," he said, but added the monuments should represent what we want to be, not "what we were at our worst."

Thank you Mr. Obummer and your EPA for driving up the poverty level of this region by shutting down coal and thank you America for voting for them. People that have very little knowledge of life and work in this part of the country were allowed the decision of whether the region survived or died.

https://www.youtube.com/embed/Lw2ScBfcKpA

Yeah I do too. When power plants in the area can purchase coal by the ton cheaper from Illinois vs buying from a mine within 30 miles away of where it's needed, the local boys are in BIG trouble! I don't see how ANR survives this. The smaller companies that can produce profit will survive but the big boys are in big trouble. This is probably the third "death" of coal since early 70's

US coal miner Alpha's stock plunge breaches NYSE rules; 6 months to remedy London (Platts)--20Apr2015/417 pm EDT/2017 GMT US coal miner Alpha Natural Resources has been notified by the New York Stock Exchange its common stock has fallen below the bourse's listing price threshold and that it has six months to remedy this. The NYSE requires the average closing price of a listed company's common stock to be at least $1/share over any period of 30 consecutive trading days. As of April 13, the company's average closing price over the preceding 30 trading-day period was $0.99/share, Alpha said in a statement late Friday. The deficiency under the rule does not affect the company's business operations or its Securities and Exchange Commission reporting requirements, it added. "The company plans to notify the NYSE of its intent to cure the deficiency and restore its compliance, and it will submit a plan outlining the actions it intends to take to do so," the Bristol, Virginia-based company said. Alpha closed at $0.99/share on Friday. The stock was trading at $4.40/share a year ago. Alpha's common stock will continue to be listed and traded on the NYSE during this period, subject to the company's compliance with other continued listing standards, it said. Alpha supplies metallurgical and thermal coal to customers on five continents through mining operations in Virginia, West Virginia, Kentucky, Pennsylvania and Wyoming, according to the company. Falling share prices for Alpha and its peers such as Arch Coal and Walter Energy have led analysts to speculate on possible mergers and acquisitions in the sector. A merger between Alpha and Arch Coal could potentially keep both companies from bankruptcy while also benefiting the US coal industry, wrote BB&T Capital Markets analyst Mark Levin in an April 8 research note. As drivers for such a deal he cited "the industry's glaring need to consolidate production and both companies' significantly over-leveraged balance sheets," along with a poor short-term market outlook. --Hector Forster, hector.forster@platts.com --Edited by Alisdair Bowles, alisdair.bowles@platts.com

Maybe those larger schools should just break away from the VHSL and form their own division. They can then decide what they the want for everything relating to those larger schools and they wouldn't have to play anyone outside of themselves. They can keep all the gate money between each other and if they want to decide to pay their players for playing sports, they can do that too.....

The ACC has got the scheduling so screwed up right now this makes sense. I'd much rather see VT play Clemson, FSU, Louisville, or NC State and not have it count in ACC play vs playing ECU, Bill & Mary, or Western Michigan. The mandatory crossover opponent has got to go if the ACC wants to look at fixing the scheduing problem. The N.D. rotation continues to handcuff the football scheduling. Either get all in or get the hell out! Grrrr...... This is a first though: http://espn.go.com/college-football/story/_/id/12230742/acc-rivals-north-carolina-tar-heels-wake-forest-demon-deacons-agree-nonconference-series

Kid didn't play in the James Monroe game I read so that win wouldn't be vacated.

This isn't good news for VT basketball http://www.roanoke.com/sports/colleges/va_tech/blog-tech-suspends-van-zegeren/article_87e66af8-92ba-11e4-a3eb-c3047f800ad0.html

With two freshmen running the point they'll have growing pains this year, but they've got some solid post players so far from what I've seen. If anyone can force Beaver into a half court game for more than a half, Bluefield will be in trouble. Bluefield gets most of their scoring in transition from steals and run outs. Pikeview may be a tough out in the region if they are as good as they think they are.

The Vick's didn't deserve another shot at anything. I've never hit a woman drunk, stoned, or sober. Some things are unforgivable and there should not be 2nd chances at a lot of things. How many criminals are repeat offenders out there?? I tell my stepson and his buddies to make smart decisions and not to get caught in bad situations in the first place because you will not be able to control what happens after you make the wrong move. Just like Chris Brown. The P.O.S. needs to be locked away in a straight jacket for the rest of his life. I don't believe in the thought that everyone can be rehabilitated.

I was probably one of the people you heard booing as I was close to the radio crew. The call on a punt return against bluefield was clear from the side and not the back. A large number of the 14 procedure calls against bluefield I never saw either.

If beaver cuts those stupid false starts out they may be winning this game right now.

Or you could be Chris Matthews from MSNBC saying something weird went on with liberal newpapers and educated voters in this election. I guess that mean that only stupid people and hicks are supposed to vote conservative. How about Jimmy Williams going on MSNBC saying that race play a big part in the elections this week and that southern voters will die at some point and the ones that replace the dead ones should vote Democrat. http://www.westernjournalism.com/liberal-msnbc-old-republican-white-southerners-going-die-someday/

In reality they haven't sold out since they added those club level seats anyway, but they don't count thoses. I've never seen that indoor club more than half full. These say 93 games: http://collegefootball.ap.org/article/attendance-remains-struggle-across-new-look-acc http://espn.go.com/blog/acc/post/_/id/67462/acc-attendance-remains-steady