ST. LOUIS (AP) — In a story Jan. 29, The Associated Press reported that Peabody Energy Corp.'s adjusted fourth-quarter loss, excluding the cost of closing down mines and marking down the value of some of its assets, was $1.12 per share. The story should have specified that when a tax expense of $1.48 per share was also excluded, the adjusted fourth-quarter result came to profit of 36 cents per share. That number topped analysts' expected earnings of 25 cents per share.

 

Advertisement