Arch Coal’s Profit Falls, Misses Wall Street Goal
Reuters reported that shares of Arch Coal Inc (NYSE:ACI) fell on the announcement of Q3 profits that were lower than anticipated.
Reuters reported that shares of Arch Coal Inc (NYSE:ACI) fell on the announcement of Q3 profits that were lower than anticipated.
Forbes reported that Arch Coal's (NYSE:ACI) downgraded coal outlook sent shares of coal companies down.
Various natural disasters, coupled with continued demand growth from emerging markets, have supported strong prices of both thermal and metallurgical coal markets in 2011, but expect prices to slide in Q4.
Arch Coal (NYSE:ACI) announced that it will offer a live internet call to discuss its second quarter 2011 financial results.
Bloomberg.com reports that Arch Coal (NYSE:ACI) announced that it will not meet expected profits for Q4.
Bloomberg.com reports that shares fell in coal companies because of fears of a rise in Chinese interest rates.
Reuters.com reports that Arch Coal (NYSE:ACI) has lowered earnings forecasts because of flooding in Australia.
Mining Weekly.com reports that Arch Coal (NYSE:ACI) 's stock fell after receiving an investment downgrade
The Toronto Star.com reports that Arch Coal (NYSE:ACI) has announced stronger than expected Q3 results, and has consequently raised its' forecast for 2010.
The Wall Street Journal.com reports that Arch Coal (NYSE:ACI) that higher output drove Q3 revenues up, despite significant bottom line charges.
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