Coal stocks are suffering savage losses a day after President Obama handily won a second term, easily defeating Republican rival Mitt Romney. Shares of Peabody Energy (NYSE: BTU ), the
Although the Fed’s low rate policy has now gone global, many investors are still searching for pockets of high yielding securities in order to boost lagging income levels.
Shares of the Market Vectors Coal ETF (NYSE: KOL ), the largest of the two ETFs devoted to coal equities, plunged following the results of Tuesday’s U.S. presidential election.