(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 …
Under the terms of the agreement, ACI will acquire 100 percent of the equity of PAY.ON in a combination of cash and stock valuing the company at €180 million (approximately $200 million). Based in Munich, Germany, PAY.ON delivers …
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 …
The New York Stock Exchange has notified Arch Coal that it no longer meets the stock exchange's minimum price requirement, the Creve Coeur-based coal company said Friday. The NYSE requires listed common stock to average at …
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, …
(a) Senior loans (also called bank loans, leveraged loans, or floating rate loans) in which the Fund invests generally pay interest at rates which are periodically determined by reference to a base lending rate plus a spread (unless otherwise …
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 …
WOR), BMC Stock Holdings, Inc. (NASDAQ:BMCH), Alexander & Baldwin Holdings, Inc. (NYSE:ALEX), ACI …
WBOC2mon
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.
The recent surge in natural gas prices could cause utilities to make the switch back to coal. According the U.S. Energy Information Administration coals share of power generation in the U.S. could reach 40.3 percent, while natural gas …