Metal and Mining Stocks Catch A Bid Friday, August 27, 2:38 PM ET, by Market News Video Staff In Friday afternoon trading, the SPDR S&P Metals and Mining ETF (XME) is trading higher ...
Daily Dividend Report: HBAN, XLNX, EQT, WLT, PNW Thursday, October 21, 11:24 AM ET, by Market News Video Staff After the bell, Huntington Bancshares (HBAN) declared its quarterly dividend of 1 cent per share, ...
Negative Reports on AK Steel and US Steel Impact XME Wednesday, October 27, 11:11 AM ET, by Market News Video Staff The SPDR S&P Metals and Mining ETF (XME) is struggling this morning following downgrades to ...
Steel Stocks, ETFs Trade Higher: SLX, PSTL, XME Tuesday, November 2, 11:14 AM ET, by Market News Video Staff Steel stocks are trading higher today, perhaps on reports of the weekly Steel Index showing ...
MEE Declares Dividend, Reportedly See Interest from Coal India
By Market News Video Staff, Wednesday, November 24, 9:36 AM ET
Massey Energy Company (MEE) declared a quarterly dividend of $0.06 per share late yesterday. The dividend is payable on December 31 to shareholders of record as of December 16.
Coal India is reportedly interested in potentially acquiring Massey, which has hired advisors to reviews its alternatives. The Business Standard reported Coal India’s interest in the acquisition.
Massey Energy shares are trading up 0.3% Wednesday.
At 5.26% of the fund, Massey is the top stock in the SPDR S&P Metals & Mining ETF (AMEX:XME).
Hecla Mining (NYSE:HL) takes the #2 spot, at 5.17%, followed by Stillwater Mining (NYSE:SWC), at 4.63%, Walter Energy (NYSE:WLT) at 4.63%, and Patriot Coal (PCX), at 4.56%.
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