Despite the huge outflows at the start of last week, US-listed ETFs witnessed strong inflows with the addition of $7 billion, bringing the YTD total to $329.3 billion.
The S&P 500 and the Dow Jones Industrial Average closed at record highs last week on the Fed’s indication of another possible rate hike this year.
During a press conference last week, Federal Reserve Chair Janet Yellen criticized Wells Fargo (WFC) for its fake account scam.
The ETF (exchange-traded fund) market has outperformed coal stocks, as represented by the VanEck Vectors Coal ETF (KOL), so far in 1H17.
As of June 30, 2017, ARLP’s long-term contracts totaled ~38.0 million tons for 2017, 20.1 million tons for 2018, and 11.0 million tons for 2019.
As of June 30, the book value of ARLP’s long-term debt was about $1.0 billion, of which ~$145 million is due for payment over the next year.
In 2016, Alliance Resource Partners (ARLP) reported adjusted EBITDA of $765.2 million, which was 6.1% lower than its $814.7 million in 2015.
Alliance Resource Partners (ARLP) reported shipments of 36.7 million tons in 2016, which represents an 8.9% fall from 40.2 million tons in 2015.
ARLP supplies coal to its customers by rail, barge, and truck. Its mines are in favorable geographic locations that minimize transportation costs for customers.
Alliance Resource Partners operates three underground mining complexes in the Appalachia region in eastern Kentucky, Maryland, and West Virginia.
ARLP’s Illinois Basin segment consists of five operating mining complexes. The Dotiki mine is in Webster County, Kentucky, and produces high-sulfur coal.
Alliance Resource Partners (ARLP) operates eight underground mining complexes in two regions: Illinois and Appalachia.
As of December 31, 2016, Alliance Resource Partners was being managed by its MGP, which is 100% owned, directly and indirectly, by AGHP.
In this series, we’ll explore how Alliance Resource Partners has expanded its business and evaluate its key operational metrics and financial position.
The US-listed ETFs witnessed strong inflows last week with the addition of $11.7 billion. It brought the year-to-date total to $319.9 billion.
The SPDR S&P Bank ETF (KBE) rose 4.20% for the week—its biggest weekly rise since June. The SPDR S&P Regional Banking ETF (KRE) rose 4.4%.
Several large US banks and credit card companies reported a rise in credit card delinquency rates for August—the second rise after falling for four months.
Sage Therapeutics (SAGE) is focused on the development of the products for the treatment of life-threatening central nervous system (or CNS) disorders.
The products under development for the treatment of life-threatening central nervous system (or CNS) disorders in Sage Therapeutics’ (SAGE) portfolio are either based on GABA or NMDA receptor systems.
Sage Therapeutics (SAGE) is a clinical-stage biopharmaceutical company focused on the development and commercialization of drugs for the treatment of central nervous system disorders.