Peabody Energy Corp.
December 8, 2011
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St. Louis-based Peabody Energy and other coal producers fell after Goldman Sachs cut its view on the industry to “neutral’’ from “attractive,’’ citing proposed EPA regulations. The firm had also said earlier this year that the new rules are likely to reduce the demand for coal, forcing the retirement of older, less efficient plants. Arch Coal Inc. slipped 3.43 percent, while Patriot Coal Corp. lost 1.55 percent.
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