The world’s biggest private-sector coal company says net income totaled $42.9 million, or 16 cents per share, down from $274.1 million.
Peabody hurt by lower prices for coal and competition from cheaper natural gas.
Blagojevich Administration gets credit for environmental rule-tightening in 2007.
Commissioners approve plan despite challenges from Franklin County residents.
The transaction will give Peabody 100 percent ownership of the coal operation in Queensland, Australia.
Company regrets past violations…
Postponed due to weather.