Wednesday, January 05, 2011
Massey Production Falls Short Of Expectations
WEST VIRGINIA....
Massey Energy Co. says production fell short of expectations in the final three months of the year. Massey says it produced and sold 8.9 million tons during the quarter. That's 1.4 million less than the company had predicted in October. Analysts surveyed by Thomson Reuters were expecting Massey to neither produce a profit nor a loss per share for the period.
Massey Energy Co. says production fell short of expectations in the final three months of the year. Massey says it produced and sold 8.9 million tons during the quarter. That's 1.4 million less than the company had predicted in October. Analysts surveyed by Thomson Reuters were expecting Massey to neither produce a profit nor a loss per share for the period.