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Stock Market & Financial Investment News

News Breaks
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."
News For ACI From The Last 14 Days
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August 28, 2015
11:04 EDTACIOptions with increasing implied volatility
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10:56 EDTACIPeabody surges despite downgrade amid bounceback in coal stocks
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09:16 EDTACIMoody's downgrades Peabody to Caa1
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August 27, 2015
10:06 EDTACIHigh option volume stocks
High option volume stocks: GLOG ACI NGD BEAT BAX TTPH STJ FNF SSTK
August 24, 2015
16:46 EDTACIPresident Obama announces new renewable energy commitments
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