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Coal miner Peabody 1Q earnings slip
Peabody Energy Corp. said Thursday that its first-quarter profit slipped on weaker U.S. coal demand for electricity generation because of a mild winter and utility switchovers to cheaper natural gas.But its January-March earnings still beat Wall Street's expectations and its shares rose about 7 percent.Peabody, the world's biggest private-sector coal company, said its net income attributable to common
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