Coal miner Alpha Natural Resources , which agreed to buy Massey Energy Co in a $7.1 billion deal last month, posted fourth quarter profit that beat analysts' estimates on strong metallurgical coal market. It sees higher 2011 capital expenditure of $340 million compared with $308.9 million a year ago. For the October-December quarter, the Richmond, Virginia-based company posted income from continuing operations of $11 million, or 9 cents a share, down from $20.2 million, or 17 cents a share, last year.
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