ST. LOUIS, July 27, 2012 /PRNewswire/ --Earnings HighlightsQuarter EndedSix Months EndedIn $ millions, except per share data6/30/126/30/116/30/126/30/11Revenues$1,063.5$985.5$2,103.2$1,858.5Income (Loss) from Operations(589.0)95.4(534.9)197.6Net Income (Loss) 1(435.5)6.3(434.3)61.9Diluted EPS/LPS(2.05)0.04(2.05)0.37Adjusted Net Income (Loss [...]
Coal stocks had a dismal year as demand fundamentals continue to struggle. The Market Vectors-Coal ETF - which replicates an index that provides exposure to publicly traded companies worldwide that derive greater than 50% of their revenues from the coal industry - has plummeted over 27 percent this year. The Paragon Report examines investing [...]
Arch Coal will discuss its second quarter 2012 financial results in a conference call that will be broadcast live over the Internet on Friday, July 27 at 11:00 a.m. E.D.T. Participating on the call will be Arch's President and Chief Executive Officer John W. Eaves, Executive Vice President and Chief Operating Officer Paul A. Lang and Senior [...]
WELLINGTON, Utah, July 2, 2012 /PRNewswire/ -- Arch Coal's Canyon Fuel Company subsidiary announced that its Dugout Canyon mine and Castle Valley preparation plant have received three major coal industry safety awards.Today, the Dugout Canyon mine received the Rocky Mountain Coal Mining Institute's (RMCMI) 2012 Safety Award among large underground [...]
MOUNTAIN LAKE PARK, Md., June 29, 2012 /PRNewswire/ -- Arch Coal today announced that Vindex Energy Corporation has received the 2011 Maryland State Excellence in Reforestation Award from the Appalachian Regional Reforestation Initiative (ARRI). The award recognizes "exemplary performance using the Forestry Reclamation Approach (FRA)" at [...]
ST. LOUIS, June 21, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced plans to idle several operations and to reduce production at other mining complexes in Appalachia due to the unprecedented downturn in demand for coal-based electricity. Today's actions, along with other recent changes in Appalachia, will result in a total [...]
The emergence of natural gas as a cheaper energy alternative in the U.S. has been a major problem for coal investors in 2012. Coal stocks may finally be on the upswing as foreign demand for coal remains strong. China has recently approved 23 billion in steel projects, and India's coal production is failing to meet their growing demand. The Paragon [...]
ST. LOUIS, June 18, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced that Paul T. Hanrahan, 54, has been elected to its board of directors, effective June 12. Hanrahan will serve on the board's audit and nominating and corporate governance committees."We are very pleased to welcome Paul to our board," said John W. Eaves [...]
ST. LOUIS, June 11, 2012 /PRNewswire/ -- Jenny Herner, Arch Coal vice president of marketing administration, has been named one of St. Louis' 2012 Most Influential Business Women by the St. Louis Business Journal. The award annually recognizes remarkable women who excel in business careers and illustrate the breadth of talent and achievement [...]
HONG KONG -- (Marketwire) -- 06/06/12 -- Today, www.BrightonMarkets.com announced new reports highlighting Royal Gold, Inc. (NASDAQ: RGLD) and Arch Coal Inc (NYSE: ACI). Gain market insight with full analysis and research downloads available at www.BrightonMarkets.com/index.php?coa=RGLD&cob=ACI.
With markets in correction mode, investors are [...]
ST. LOUIS, May 31, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced that its subsidiary, Arch Western Finance, LLC, completed the repurchase and redemption of its $450 million senior notes due 2013. In particular, the company redeemed the remaining $146 million outstanding senior notes, pursuant to the provisions of the [...]
SALT LAKE CITY, May 23, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE:ACI) today announced that Canyon Fuel Company's Skyline Mine has earned state recognition with a 2012 Earth Day Award for its outstanding environmental efforts in central Utah.The Utah Department of Oil, Gas and Mining's (DOGM) board of directors made the selection, and Governor [...]
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