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Stock Market & Financial Investment News

News Breaks
May 29, 2014
11:21 EDTACI, QIHUStocks with call strike movement; ACI QIHU
Arch Coal (ACI) October 4.5 call option implied volatility decreased 4% to 50, Qihoo 360 (QIHU) September 20 call option implied volatility increased 2% to 51 according to IVolatility.
News For ACI;QIHU From The Last 14 Days
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July 21, 2014
16:19 EDTACIArch Coal idles Cumberland River coal complex, eliminates 213 full-time jobs
Arch Coal announced that it is idling the Cumberland River Coal Company complex. The Cumberland River complex comprises two underground operations and related facilities. 213 full-time positions will be eliminated by idling Cumberland River. "With this move, we are actively responding to currently challenged metallurgical coal markets while striving to enhance our overall competitive cost position in Appalachia," said John Eaves, Arch's president and CEO. "Our strategy is to increasingly shift our portfolio toward higher-margin, lower-cost metallurgical coal operations, while retaining our valuable reserves for when market conditions strengthen in the future."
July 18, 2014
08:45 EDTQIHUDefined mobile strategy could serve as catalyst for Qihoo 360, says UBS
UBS is optimistic about Qihoo 360's growth momentum in search and mobile, but believes a better defined mobile strategy could serve as a catalyst for the shares. The firm sees a margin squeeze in Q2 but an anticipated pickup in search monetization should support margin recovery. UBS has a Buy rating with a $155 price target on Qihoo.

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