New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 19, 2012
16:32 EDTACIArch Coal Mine personnel took corrective action and the order was terminated
This information is from a regulatory filing.
News For ACI From The Last 14 Days
Check below for free stories on ACI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 23, 2014
08:43 EDTACIArch Coal weakness overdone, says Sterne Agee
Subscribe for More Information
April 22, 2014
12:00 EDTACIArch Coal falls 8.2%
Arch Coal is down 8.2%, or 41c, to $4.56
10:00 EDTACIArch Coal falls 6.4%
Arch Coal is down 6.4%, or 32c, to $4.65
07:52 EDTACIArch Coal expects 2014 thermal sales volume to range of 124M-132M tons
Subscribe for More Information
07:51 EDTACIArch Coal sees strengthening domestic thermal market in 2014
The strengthening domestic thermal market is supported by improved power demand, depleting customer coal stockpiles, higher natural gas prices and low natural gas storage levels that will need to be rebuilt. Expects U.S. coal consumption for power generation to increase more than 25M tons in 2014. Expects reductions in utility coal stockpiles throughout the year, due to solid demand and continued higher prices for competing fuels. The seaborne market remains challenged, as oversupply has pressured global prices for metallurgical and thermal coals. However, Arch believes the long-term outlook for the seaborne coal trade remains positive and the opportunities for U.S. coal significant. Global coal trade is projected to exceed 1.5B metric tonnes by 2020, with approximately 100 gigawatts of new coal-fueled power projected to come online in 2014 alone. Arch currently expects the global metallurgical coal market to remain soft in 2014, even as global steel production is projected to grow. However, recent and ongoing closures of some high-cost capacity and an improving demand outlook should lead to a more balanced market over time.
07:49 EDTACIArch Coal: Q1 results reflect challenging global metallurgical coal market
Subscribe for More Information
07:47 EDTACIArch Coal reports Q1 adjusted EPS (60c), consensus (42c)
Reports Q1 revenue $736M, consensus $717.71M
April 21, 2014
10:01 EDTACIOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:14 EDTACIArch Coal upgraded to Neutral from Sell at Goldman
Subscribe for More Information
April 17, 2014
14:21 EDTACIArch Coal confirms probe of kickback allegations, MetroNews says
Subscribe for More Information
14:00 EDTACIArch Coal investigating potential misconduct of personnel, Bloomberg says
Subscribe for More Information
April 9, 2014
16:23 EDTACIOn The Fly: Closing Wrap
Stocks on Wall Street were higher after the minutes of the latest FOMC meeting struck a particularly dovish note. The averages, which were higher for the second straight session ahead of the minutes release, climbed to their highs over the final two hours of trade. Each index posted gains of over 1%, with the tech-heavy Nasdaq again the biggest winner. ECONOMIC EVENTS: The minutes for the March 18-19 FOMC showed that some committee members were concerned that its future interest rate projections could be misconstrued by the market as advocating tighter monetary policies. The minutes also showed that committee members expect to continue tapering the Fed's asset purchases if the economy performs as expected going forward. Wholesale inventories rose 0.5% in February, matching economists' forecast. COMPANY NEWS: Several auto majors were in the news, notably General Motors (GM), which fell 91c, or 2.64%, to $33.62 as the National Highway Traffic Safety Administration yesterday announced that it fined the automaker for failing to respond to the administration's inquiry into its recall related to faulty ignition switches in a timely manner. Analysts at Morgan Stanley also downgraded the stock to Underweight from Equal Weight. U.S.-listed shares of Toyota Motor (TM) fell $1.37, or 1.26%, to $107.73 after the company announced the recall of over 6M vehicles worldwide. A report from Automotive News said that Volkswagen (VLKAY) issued a stop-sale order on some of it newer-model cars, but U.S.-listed shares of the German automaker, which were upgraded earlier in the session by Bernstein to Outperform, were unfazed and gained $2.91, or 5.72%, to $53.78... Two notable initial public offerings took place today, with hotel chain operator La Quinta (LQ) gaining 12c, or 0.71%, to $17.12 and Chinese medical exam and screening center operator iKang Healthcare (KANG) gaining $1.20, or 8.57%, to $15.20, in their first day of trade. MAJOR MOVERS: Among the notable gainers was marketing software and solutions provider Constant Contact (CTCT), up $6.30, or 28.74%, to $28.22 after the company's preliminary first quarter revenue exceeded analysts' projection. Also higher was social media giant Facebook (FB), up $4.22, or 7.25%, to $62.41 after analysts at Susquehanna and SunTrust published positive commentary on the company. Among the noteworthy losers was Intuitive Surgical (ISRG), down $33.20, or 6.78%, to $456.64 after last night saying it expects first quarter revenue to come in well below expectations, though the stock was defended by no fewer than three analyst firms following the announcement. Also lower were a number of coal producers, including Alpha Natural Resources (ANR) and Walter Energy (WLT), which each lost more than 6%, and Arch Coal (ACI), which fell over 3%, after all three stocks were downgraded to Sell at UBS. INDEXES: The Dow was up 181.04, or 1.11%, to 16,437.18, the Nasdaq was up 70.91, or 1.72%, to 4,183.90, and the S&P 500 was up 20.22, or 1.09%, to 1,872.18.
12:18 EDTACIOn The Fly: Midday Wrap
Subscribe for More Information
10:06 EDTACIOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:11 EDTACIOn The Fly: Pre-market Movers
Subscribe for More Information
09:00 EDTACIArch Coal falls 3.5%
Arch Coal is down 3.5%, or 18c, to $5.00
06:40 EDTACIArch Coal downgraded to Sell from Neutral at UBS
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use