Stock Alert for International Coal Group Inc. Issued by Beacon Equity


DALLAS, April 13, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring International Coal Group Inc. (NYSE:ICO). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The report is available at: http://www.beaconequity.com/i/ICO

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International Coal Group Inc. (ICO) is a producer of coal in Northern and Central Appalachia with a range of mid to high British thermal unit (Btu), low to medium sulfur steam and metallurgical coal. The Company's Appalachian mining complexes are located in West Virginia, Kentucky, Virginia and Maryland. It also has a complementary mining complex of mid to high sulfur steam coal located in the Illinois Basin. ICO markets its coal to a customer base of largely investment grade electric utilities, as well as domestic and international industrial customers.  

Message Board Search: http://www.boardcentral.com/boards/ICO

In the report, the analyst notes:

"Revenues for the years ended December 31, 2009, and December 31, 2008, each totaled $1.1 billion. The Company reported 2009 Adjusted EBITDA of $201.7 million, the highest level in Company history, compared to $127.2 million for 2008.  Net income for 2009 was $21.5 million, or $0.14 per share on a diluted basis, versus a net loss for 2008 of $26.2 million, or $0.17 per share on a diluted basis.

"ICO recently announced the final results of the Company's previously announced cash tender offer for any and all of the $139.5 million aggregate principal amount of its outstanding 9.00% Convertible Senior Notes due 2012 (CUSIP Nos. 45928HAD8, 45928HAE6) (the "Convertible Notes"), which expired at midnight, New York City time, on April 5, 2010 (the "Expiration Time")."

To read the entire report visit: http://www.beaconequity.com/i/ICO

See what investors are saying about ICO at penny stock forum

BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon, please visit http://www.BeaconEquity.com.

Beacon Equity Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority.  We are neither licensed nor qualified to provide investment advice. Beacon Equity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities.  We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.


            

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