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Arch Coal Inc (ACI)

- NYSE
  • Dec. 6, 2012, 9:18 AM
    Investors seem to take seriously the latest takeover chatter surrounding Walter Energy (WLT), sending shares +7.5% premarket as vague rumors circulate that bidders could emerge. BHP Billiton (BHP) is said to be interested again; Glencore (GLCNF.PK) could be another candidate; Anglo American has been mentioned in the past. Other coal names are up: ANR +1.9%, CNX +1.6%, ACI +1.3%, BTU +0.8%.
    | 5 Comments
  • Nov. 30, 2012, 2:15 PM
    Walter Energy's (WLT +7.3) refusal to comment on rumors of BHP's interest in an acquisition keeps shares moving higher, perhaps suggesting more than idle chatter. Also, another analyst sees the coal industry improving in 2013. The two developments are propping up the sector (KOL +0.5): JRCC +7.6%, OXF +4.2%, ANR +3.4%, ACI +2%, BTU +0.9%.
    | 2 Comments
  • May. 2, 2011, 7:37 AM
    Arch Coal (ACI -1.2%) to pay $3.4B, or $14.60/share, for International Coal Group (ICO). ICO +30.4% to $14.38. (PR)
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Company Description
Arch Coal Inc is a coal producer in the United States, which sells coal to power plants, steel mills and industrial facilities.