News Breaks |
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| October 26, 2012 |
| 07:46 EDT |  | ACI | Arch Coal reports Q3 EPS 20c, consensus (16c)
Reports Q3 revenue $1.09B, consensus $1.01B |
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News For ACI From The Last 14 Days Check below for free stories on ACI the last two weeks. |
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| June 15, 2013 |
| 17:40 EDT |  | ACI | Coal industry counting on export demand as U.S demand wanes, NYT says
The U.S. coal industry is trying to revive itself with exports to Asia and Europe as environmental groups in opposition to the fall-out of coal use "say pollution caused by burning coal should not be exported," says the New York Times. The push for more export business is part of the U.S. coal industry's effort to expand exports as the U.S. has increasingly turned to natural gas as an alternative, adds NYT. Reference Link |
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| June 14, 2013 |
| 13:23 EDT |  | ACI | Walter Energy falls after reportedly canceling refinancing loan
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| 05:45 EDT | | ACI | Coal exports fall on Asian oversupply, WSJ reports
Coal exports are slowing, reports the Wall Street Journal. In a troubling sign for U.S. coal producers, shipments fell 31% in April from March driven largely by an oversupply in Asia for metallurgical coal used in steel making. As a result, U.S. producers are now at a further disadvantage to overseas competitors because weakening metallurgical-coal prices are making high-cost U.S. production less profitable for export.Reference Link |
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| June 10, 2013 |
| 11:54 EDT | | ACI | European coal prices fall as forecasts cut, Bloomberg reports
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| June 7, 2013 |
| 10:11 EDT |  | ACI | On The Fly: Analyst Downgrade Summary
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| 08:14 EDT |  | ACI | Raymond James downgrades Coal producers
Raymond James lowered its 2013/14 met coal price forecast due to resilient supply growth and slowing demand and believes a recovery could be longer than expected given declining global GDP growth and a potential slowdown in China demand. As a result, the firm downgraded Arch Coal (ACI), James River Coal (JRCC), and Walter Energy (WLT) to Underperform from Market Perform, Alpha Natural (ANR) to Underperform from Outperform, and Peabody Energy (BTU) to Market Perform from Outperform. |
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| 07:49 EDT | | ACI | Arch Coal downgraded to Underperform from Market Perform at Raymond James
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| June 5, 2013 |
| 09:07 EDT |  | ACI | BofA/Merrill's metals and mining analysts hold analyst/industry conference call
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