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International Coal (ICO), the West Virginia miner, is placing a bigger bet on metallurgical coal, and its shares could rally as met-coal demand and prices continue to rise. Some think the company is a takeover target, says a feature in this week’s Barron’s. Coal stocks are on fire, and the trends stoking the flames
Ventas, Inc. (NYSE:VTR) and Nationwide Health Properties, Inc. (NYSE:NHP) announced that the board of directors of both companies have approved a definitive merger agreement, according to a Bloomberg report. Under the terms of the agreement, Ventas will acquire all of the outstanding shares of NHP in a stock-for-stock transaction valued at $7.4 billion. NHP shareholders [...]