peabody and consol fell almost 3.5% each. arch coal set the tone for its industry, dropping more than 7.5%. volume more than doubled. it's the latest coal miner to cut production because of weak demand. the miners have seen utility customers switch to natural gas thanks to lower prices. the drop in production over- shadowed a rise in fourth quarter profits for the company. meantime, steel makers u.s. steel and allegheny technologies shed 5% and 4% respectively, even though they have been expecting steel prices to improve this year. cliffs natural, an iron ore producer, a key fuel for steel furnaces, slid three and a half percent. the new york stock exchange unveiled plans to grow its business without selling itself to the deutsche boerse in germany. that buyout was derailed over anti-trust issues. the nyse will invest in technology and clearing, that's the business of making sure a buyer and seller can fulfill their obligations. the plan came after the exchange reported a better than expected fourth quarter. profits were driv

hopeful it will start in san the last man ran into the family and this is good for the morning and peabody's in the family and his inner for his britches and and having in the family do this and it's sending a neutral basis in showing it this close and a they're we turn to eccentric to look in the diamonds and mitre reduce the look of need prong and then stunned by what's called michael pavÉ and sets with them narrative of to do well as big as unostentatious big man than any the closer you start to see the diamonds are arawn the five noonan and karen c. in the diamonds you as something in me this in the earing missing of this that nonsense this forgiving of preferred press that as a temporary price indian and then change and nursing a sense own and in financing and is one thing and the dome of the testimony given stone rings n m cnn will print and speaking and that and until she did chicks then looking kingdom and and then saturday firm for 2¢ 2012 and boundaries that's why they're and that is one of the recap of some of the hits and room and 567 and eight and that's a buy more and save more

peabody and arch coal fell at least 3% each. but oil turned up today after dropping to its lowest of the year in the past few sessions. crude oil popped a $1.50 per barrel, settling over $98 per barrel. since november, oil has been generally in a range of $105 on the high end and $95 on the low end. some of the oil boost could have come from a drop in the u.s. dollar. the dollar index settled at its lowest level since early december. that helped oil and precious metal prices today. less than a month after co-founder and c.e.o. jerry yang announced he was leaving yahoo, four of its board of directors members won't be around after the upcoming annual meeting. the quartet, which includes the chairman roy bostock, won't stand for re-election. the executive changes at yahoo began in early september when c.e.o. carol bartz was fired after failing to turn around yahoo's ad business. shares of yahoo were essentially unchanged today, and they haven't been able to trade much above $16 per share since last spring. and finally, it wasn't th

i spent years going through museum collections and opening up drawers in the basement of the peabody and the american museum of natural history where you are going through masses of artifacts, the striking black on white pottery of the anastazi, what is in this place? but the granary was not mine to open, it was left by other people, a stockpile waiting for their return. as i understand more of the anastazi, it is hard to say they ever truly vanished. the more i track them, it more it seems they are right in front of me until i can feel body heat in their foot steps. it is not unthinkable that somebody might return to this granary, maybe a century from now, relieved to find a sign of ancestry deep in this river gorge. i climbed down to this granary and laid my hand on its stone, feeling the grit of sand and the hardness of rock. a person could be found here in a thousand years, a person kneeling in the moment of decision. i climbed out and went back to my career, the obsidian night closing around me. i climbed into the canoe and swept the paddle across the water, setting a wake acros

that's why we have the peabodys that we do. >> if you use your hand it is rugby. >> or football american style. >> we get a lot of letters when we bash soccer from fans who like it. do you have a comment on the show? i played soccer. i can talk about it. >> >> nor muss glute. >> i am building my calves. >> e mail us. it is red eye at fox news.com. to leave a voicemail 212-4 212-412-6060. >> it is brought to you by pittsburgh, the second largest city in pennsylvania and the second largest in the united states. thanks, pittsburgh. >>> welcome back. let's see if we got anything wrong so far. how are you doing? >> good, greg. settle down of the. >> i am excited. it is friday. i can't wait to get out at 4:15 a.m. and hit the town. go crazy, hang out. >> straight to the clubs. >> you know it. they are waiting for me. they keep my private booth warm. >> the after hours clubs are great. >> they are fantastic. >> the oscars are like a bondage situation, but there is no safe word which is the problem. >> yes, yes. right. safe words. >> greg, the philosopher that says what doesn't kill me makes me

so what i've done is i was short ptu, peabody coal coming in and also short mt which is a steel company. so i'm remaining short on those stocks because the fundamentals particularly in steel have not really led moving the stocks. so they should underperform. with steam call really coming down in terms of shipments. we saw today that yesterday with csx saying they're going to be down 19% in coal shipments. so i'm content being short coal and i'm content being short steel. >> you've been among the most bullish traders on this desk. where do you stand today? >> it's very difficult to share a desk with simon, the dulsate mellifluous tones, everyone's going to agree with on that basis alone. i do think that you have to take the fact that these pullbacks in light of what we saw with the volatility of last year you know to me suggests that there's continues to be a lot more people who are wanting to get into this market and who have not been in this market i am not bullish in pull everything in but i do think this market trends higher and these pullbacks are so anemic that if you really are go

china hit the brakes last year, and the near-term outlook for coal is muted, something we heard from peabodynergy, the largest coal producer out there. that said, i do not want to underestimate china, because the chinese still can't get their hands on enough coal. they burn 3.7 million tons a year, three-and-a-half times what we use. and that figure is going much higher. that should be enough to fill joy global for years to come, which is why i do like the stock. however, caterpillar is still a play. remember, the whole reason -- their massive infrastructure buildout as people move from rural areas to cities. right now china doesn't have the roads, the trains, the general infrastructure to support its needs. and caterpillar sells the equipment that will allow them to build out all of this stuff. okay, how about europe, because you've got to go geographically. caterpillar has very positive things to say about its european business on a conference call and they expect machine sales over there to be at or above last year's levels thanks to a big replacement cycle. need new truck, need new cater