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Peabody flags weaker Q3 earnings

Lower demand and prices to weigh on Peabody profit

Henry Lazenby
Peabody Energy expects significantly lower third-quarter revenues on the back of falling coal demand and prices

Peabody Energy expects significantly lower third-quarter revenues on the back of falling coal demand and prices

The guidance contrasts with the company's commentary at the time of its June-quarter earnings results when it forecast "progressive increases in both seaborne thermal and seaborne metallurgical coal volumes"...

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