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, …
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.
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 …
(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 …
WOR), BMC Stock Holdings, Inc. (NASDAQ:BMCH), Alexander & Baldwin Holdings, Inc. (NYSE:ALEX), ACI …
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ACI Worldwide on Thursday reported second-quarter earnings that ... gaining more than 8 percent to close at $24.21 each on the Nasdaq stock exchange. Shares have been trading for most of the year at or near record highs. The company, …
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 …
In the past two-and-a-half trading sessions, shares of Arch Coal Inc. (NYSE: ACI) have risen nearly 90%, not including the effect of a one-for-10 reverse stock split that occurred after markets closed on August 3. By any measure that is some …