Last month, S1 Corp agreed to acquire Israel’s Fundtech for about $700 million in an all-stock deal. “We are confident S1 shareholders will share our strong belief that ACI’s premium proposal is superior to and provides S1 shareholders with ...
CASPER, Wyo. — As global markets traded down over the past several weeks, shares in Arch Coal have done a funny thing. They’ve gone up. The St. Louis-based miner ended Thursday at $7.03 a share. That represented a 458 percent …
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TORONTO (miningweekly.com) – US miner Arch Coal on Tuesday reported a bigger-than-expected loss, but also higher-than-expected revenue, for the third quarter, as higher coal prices buoyed results. The St Louis, Missouri-based miner, …
Workers who had Arch Coal stock as part of their retirement plans also lost those investments. Any outstanding debts owed by Arch Coal to suppliers that didn’t have collateral or security were also wiped out. “It’s what’s been the lessons …
Arch Coal may ask its investors to give its board authority to initiate a reverse stock split that would reduce its outstanding shares and, the company hopes, boost the price. Arch’s shares closed below $1 for four days at the end of January …
Arch Coal Inc. (NYSE: ACI) managed to turn in another quarterly loss, which now looks to be eight in a row. The coal giant said that its results were hurt by rail service problems, as well as weak pricing for both thermal coal and metallurgical coal.
(Reuters) - Arch Coal Inc ACI.N posted a second-quarter loss, hurt by charges to close mines in the face of falling prices, but it still beat Wall Street estimates and its shares rose 12 percent. The company, which has idled five mines in the …
Arch Coal has delayed its reverse stock split for a week for “administrative purposes,” the Creve Coeur-based coal miner announced Monday. Arch’s one-for-10 split was scheduled to take place Monday, but the company said the exchange …