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ACI Market Currents
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Thursday 9:09 AM Arch Coal (ACI) +2.3% premarket after Goldman Sachs upgrades shares to Neutral from Sell with an $8 price target. The firm says the risk/reward is more balanced as concerns about thermal volume cuts and its balance sheet are now mostly discounted in the stock.
4 Comments[Energy, Quick Ideas, On the Move]
- Tuesday 2:30 PM Patriot Coal (PCX -27.1%) shares claw back only slightly as trading resumes after news of the company's new revolving credit facility. Other coal stocks (KOL -1.8%) still depressed: BTU -2.9%, WLT -4.6%, CNX -1.6%, ACI -4.9%, ANR -3.2%, JRCC -8%. [Energy, On the Move]
- Tuesday 12:19 PM Patriot Coal (PCX -28.6%) plunges and is pulling all coal stocks (KOL -1.8%) lower, due to a report the company has fielded informal pitches from bankruptcy advisors. Last week, PCX delayed a refinancing after disclosing a potential contract cancellation from a key customer. ACI -7%, JRCC -6.3%, ANR -5.1%, BTU -3.8%, WLT -3.5%, CNX -2.3%. [Energy, On the Move]
ACI in Focus
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ACI Related Articles
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ACI News
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at CNBC.com (Tue, 5:04PM)
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at CNBC.com (May 15, 2012)
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at MarketWatch.com (May 8, 2012)
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at MarketWatch.com (May 2, 2012)
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at CNBC.com (Apr 16, 2012)
ACI Press Releases and Filings
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PR Newswire (Wed, 1:30PM)
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PR Newswire (May 16, 2012)
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PR Newswire (May 15, 2012)
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PR Newswire (May 4, 2012)
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PR Newswire (May 1, 2012)
ACI Latest Transcript
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Wed, May 2
ACI Cramer
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ACI Instablog posts
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ACI vs. ETF Alternatives
Company Description
We are one of the largest coal producers in the United States. We sell substantially all of our coal to power plants, steel mills and industrial facilities. The locations of our mines enable us to ship coal to most of the major coal-fueled power plants, steel mills and export facilities located... More
