Coal companies tumbled after Arch Coal (ACI -7.6%) reported Q4 profit rose 48% on higher sales...

|By:, SA News Editor

Coal companies tumbled after Arch Coal (ACI -7.6%) reported Q4 profit rose 48% on higher sales prices and revenue, but CEO Steven Leer said the company will reduce its planned production volumes "to better align with weak generation and coal demand trends." CLD -7.4%, PCX -6.7%, ANR -6.1%, BTU -3.4%.