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Gold/Mining/Energy : Coal
COAL 26.47+0.2%Feb 4 4:00 PM EST

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From: Dennis Roth8/24/2005 11:32:34 AM
   of 2058
 
Market Pulse: Peabody Energy cut at Merrill on valuation
Wednesday August 24, 5:16 am ET
biz.yahoo.com
By Aude Lagorce

LONDON (MarketWatch) -- Merrill Lynch cut Peabody Energy Corp. to neutral from buy citing valuation. The broker told clients that Peabody could continue to perform modestly well for the remainder of the year, but said it doesn't believe that there's enough upside at this time to support a buy rating.
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