Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of coal miner Alpha Natural Resources
So what: Alpha is expecting to ship 102.5 million to 109.5 million tons this year, down from a 104 million to 112 million ton estimate previously provided. Management has cited lower customer demand of metallurgical coal in Asia and lower production at two of the company's mines for the shortfall.
Now what: Alpha isn't alone lowering expectations as it seems to be a trend for coal miners of late. Walter Energy
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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