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Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, and internationally.

The company operates through Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, and Other U.S. Thermal Mining segments.

It is involved in the mining, preparation, and sale of thermal coal primarily to electric utilities; mining bituminous and sub-bituminous coal deposits; and mining metallurgical coal, such as hard coking coal, semi-hard coking coal, semi-soft coking coal, and pulverized coal injection coal.

The company supplies coal primarily to electricity generators, industrial facilities, and steel manufacturers.

It also engages in direct and brokered trading of coal and freight-related contracts, as well as provides transportation-related services.

The company was founded in 1883 and is headquartered in St. Louis, Missouri.

Latest News >
Without backup plans, global IT outages will happen again
Without backup plans, global IT outages will happen again
Jul 19, 2024
LONDON (Reuters) - Elements of Friday's global IT outage, which grounded planes and hit services from banking to healthcare, have occurred before and until more contingencies are built into networks, and organisations put better back-up plans in place, it will happen again. Friday's outage was caused by an update that U.S. cybersecurity firm CrowdStrike ( CRWD ) pushed to its...
Fifth Third Bancorp, Huntington, Regions Quarterly Results Fall Amid Lower Net Interest Income
Fifth Third Bancorp, Huntington, Regions Quarterly Results Fall Amid Lower Net Interest Income
Jul 19, 2024
12:29 PM EDT, 07/19/2024 (MT Newswires) -- Fifth Third Bancorp ( FITB ) , Huntington Bancshares ( HBAN ) and Regions Financial ( RF ) on Friday reported second-quarter financial results that fell year over year amid declines in net interest income. Fifth Third Bancorp's ( FITB ) earnings decreased to $0.81 a share from $0.82 a year earlier, while...
Update: Market Chatter: Blackstone Considering Sale of Minority Stake in HH Global
Update: Market Chatter: Blackstone Considering Sale of Minority Stake in HH Global
Jul 19, 2024
12:28 PM EDT, 07/19/2024 (MT Newswires) -- (Updates with Moelis' ( MC ) response in the fourth paragraph.) Blackstone (BX) is mulling a deal to sell its minority stake in UK marketing provider HH Global, Bloomberg News reported Friday, citing people familiar with the matter. Blackstone is working with investment bank Moelis ( MC ) on the potential transaction, the...
Europe's STOXX 600 logs weekly decline as tech, resources shares weigh
Europe's STOXX 600 logs weekly decline as tech, resources shares weigh
Jul 19, 2024
* STOXX 600 down 0.8% * Global cyber outage causes chaos * Sartorius drops on annual forecast cut * Danske Bank ( DNSKF ) gains after Q2 net profit beat (Updated at 1600 GMT) By Shristi Achar A, Pranav Kashyap and Shashwat Chauhan July 19 (Reuters) - European shares clocked weekly losses as a selloff in technology shares, some downbeat...
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