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February 5, 2013
08:47 EDTACIArch Coal sees 2013 sales from company-controlled operations 133M-144M tons
Arch Coal expects sales from company-controlled operations of 133M-144M tons for 2013.  Included in this range are projected sales of 8M-9M tons of metallurgical coal.  At expected volume levels, Arch said it is nearly 90% committed on thermal sales for 2013.  Given the below-capacity production levels set for 2013, Arch currently anticipates that cash costs per ton in each of its operating regions will be similar to 2012 levels. Capital expenditures totaled $395M in 2012, which was $145M less than in 2011 and $25Mless than the company's projected spend. For 2013, Arch expects capital spending to be at or below $350M, which includes $100M for the completion of the Leer metallurgical mine in Appalachia and $80 million for reserve additions. The company said, ""We expect 2013 to be a rebalancing year for global and domestic coal markets, and our current guidance range reflects this assumption. Coal price increases are likely to follow what we expect will be improving coal supply and demand trends.  As such, we believe our performance in the second half of 2013 is likely to be stronger than in the first half."
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February 23, 2015
09:59 EDTACIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Antofagasta (ANFGY) downgraded to Sell from Neutral at Goldman... Arch Coal (ACI) downgraded to Sell from Buy at Argus... BHP Billiton (BHP) downgraded to Equal Weight from Overweight at Morgan Stanley... Beazer Homes (BZH) downgraded to Neutral from Buy at Compass Point... Boeing (BA) downgraded to Sell from Neutral at Goldman... Century Communities (CCS) downgraded to Neutral from Overweight at JPMorgan... CyberArk (CYBR) downgraded to Underweight from Neutral at JPMorgan... DirecTV (DTV) downgraded to Hold from Buy at Brean Capital... Enerplus (ERF) downgraded to Hold from Buy at Desjardins... Fiserv (FISV) downgraded to Neutral from Buy at Monness Crespi... GP Strategies (GPX) downgraded to Neutral from Buy at B. Riley... Interactive Brokers (IBKR) downgraded to Market Perform at Keefe Bruyette... MRC Global (MRC) downgraded at BB&T... Precision Castparts (PCP) downgraded to Neutral from Buy at Goldman... Quest Diagnostics (DGX) downgraded at BofA/Merrill... Rio Tinto (RIO) downgraded to Equal Weight from Overweight at Morgan Stanley... Roth Capital downgraded Spectrum (SPPI) on court case loss... Royal Dutch Shell (RDS.A) downgraded to Sector Perform from Outperform at Howard Weil... Ryland Group (RYL) downgraded to Neutral from Buy at Compass Point... Salix (SLXP) downgraded to Market Perform from Outperform at Leerink... Standard Pacific (SPF) downgraded to Neutral from Buy at Compass Point... Superior Energy (SPN) downgraded to Neutral from Outperform at Credit Suisse... Transocean (RIG) downgraded to Negative from Neutral at Susquehanna... Vale (VALE) downgraded to Equal Weight from Overweight at Morgan Stanley.
08:14 EDTACIArch Coal downgraded to Sell from Buy at Argus
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