Market Currents

• Friday, October 30, 2009

• 08:42 AM Arch Coal (ACI): Q3 EPS of $0.16 beats by $0.12. Revenue of $615M (-20.1%) vs. $605M. Shares +3.9% premarket. (PR) 1 Comment
• 00:05 AM Notable pre-market earnings: ACI, AEE, AIV, ALU, AOC, AXL, CEG, CMC, CMI, CMS, CVH, CVX, D, DUK, EL, ITT, NI, NYX, PAG, PGN, REG, SHPGY, SNE, SPG, THI, UPL, WY, YRCW Comment!

• Monday, July 27, 2009

• 09:01 AM Premarket gainers: CIT +9%. NVAX +9%. COT +7%. JASO +5%. ESLR +5%. LDK +4%. RSH +4%. AGEN +4%.
  Losers: PXP -12%. AET -10%. ACI -4%. INSM -4%. 1 Comment

• Friday, July 24, 2009

• 08:11 AM Arch Coal (ACI): Q2 EPS of -$0.11 misses by $0.05. Revenue of $555M (-29.4%) vs. $634M. Full-year guidance in line. Believes the trough of the current coal market cycle has been reached, and anticipates better industry supply and demand balance in H2. Shares -2.8% premarket. (PR) 1 Comment
• 00:05 AM Notable earnings before Friday's open: ACI, ASH, BDK, DOV, ERIC, EXC, FO, IR, PNK, SEPR, SLB, TROW, WL Comment!

• Tuesday, May 12, 2009

• 09:00 AM Premarket gainers: CNB +38%. FCL +36%. STEC +32%. FTBK +19%. CTRP +18%. ICO +16%. WINN +16%. BCON +14%. MBI +11%. HUN +11%. PMI +10%. JRCC +10%. MEE +8%. INCY +8%. DPTR +8%. PCX +8%. ACI +7%. UCBH +7%. ABK +7%. LEA +6%. CNO +6%. KOG +6%. BQI +6%. TXT +6%. AMD +5%. DRYS +5%. HBAN +5%. FLR +5%. ARMH +5%. Comment!

• Friday, April 24, 2009

• 09:12 AM Arch Coal (ACI): Q1 EPS of $0.21 misses by $0.03. Revenue of $681M (-2.6%) in-line. Sees full-year EPS of $0.20-0.60 vs. consensus of $1.67. "Believes the current depressed coal market trends are unsustainable over the long term." Shares -6% premarket. (PR) Comment!
• 09:02 AM Premarket gainers: DDR +34%. F +24%. RVBD +13%. CAKE +13%. RAD +12%. INFA +11%. STAR +10%. AXP +9%. JNPR +8%. HMY +7%. TS +6%. GFI +6%. SLB +6%. LVS +5%. FIG +4%. FIG +4%. MSFT +4%. TOT +4%.
  Losers: UCBH -19%. IBKR -15%. CPN -9%. CYBS -8%. MAR -4%. ACI -4%. NFLX -3%. VOD -3%. SD -3%. Comment!
• 00:05 AM Notable earnings before Friday's open: ACI, AEP, F, HON, ITT, MMM, MV, SLB, SWK, WL, XRX Comment!

• Friday, January 30, 2009

• 08:52 AM Arch Coal (ACI): Q4 EPS of $0.44 beats by $0.05. Revenue of $730M (+13.3%) vs. $714M. "It is extremely difficult to forecast 2009 with any precision at this time due to the current state of flux in the economy and in global steam and metallurgical coal markets." Shares +2.1% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Friday's open: ACI, AME, AXL, CVX, GCI, HON, IVZ, PCAR, PG, SPG, XOM
    Comment!

• Monday, October 27, 2008

• 08:13 AM Arch Coal (ACI): Q3 EPS of $1.85 beats by $0.02. Revenue of $770M vs. $764M. Shares -8%. (PR) Comment!
• 00:05 AM Notable earnings before Monday's open: ACI, BEAV, EXP, FPL, HUM, LO, ONB, PENN, SOHU, TDW, VZ Comment!

• Friday, July 25, 2008

• 00:03 AM Notable earnings before Friday's open: ACI, AXL, B, BDK, BEC, CVH, FO, IFX, ITT, LM, NFLX, SRP, TROW Comment!

• Thursday, July 3, 2008

• 09:53 AM Analysts come to coal's defense following yesterday's sell-off. (ACI +3.5%. ANR -3.5%. BTU -0.7%. CLF +2.1%. KOL -6.7%) Comment!

• Wednesday, July 2, 2008

• 11:47 AM Coal prices plunged by $20 (about 10%) Wednesday due to a "a long-awaited correction." Red-hot coal stocks are down sharply: JRCC -11.65%. ACI -11.4%. MEE -10.5%. ANR -9.5%. CNX -9.3%. FCL -8.1%. ICO -6.6%. FDG -6.1%. BTU -6%. Comment!