SNL Financial reported on Friday that Soros’ investment fund informed the Securities and Exchange Commission that it purchased stakes in Peabody Energy and Arch Coal this year. Soros acquired more than 1 million shares of Peabody …
Let’s not beat around the bush here: The coal sector is in a world of hurt. The dual threats of rising environmental regulation and dwindling demand have crippled many coal stocks over the last few years, and it just keeps getting worse. Profits …
The Omaha office ... tax payments since 2000. ACI’s contract with the government was renewed for five years. On Thursday, the company’s shares rose sharply, gaining more than 8 percent to close at $24.21 each on the Nasdaq …
St. Louis, MO-based coal miner, Arch Coal Inc. ACI announced a one-for-ten reverse stock split of its common stock on Jul 20, 2015. The announcement fetched the company a 9.1% gain in its share price during the trading session …
The EIS also fails to analyze coal markets, French said. The demand for U.S. coal in Asia has softened, and Arch Coal has seen its stock tumble from more than $70 per share to less than $1. Domestic coal use has also dropped from one …
TORONTO (miningweekly.com) – US coal producer Arch Coal has six months to, once more, become compliant with NYSE requirements, having been issued a notice of noncompliance with the exchange’s continued listing standards. …
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. (ACI) saw a big move last session, as the company’s shares fell by over 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the most …
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 …