GO
Loading...

Enter multiple symbols separated by commas

Arch Coal Inc

More

  • WASHINGTON, June 29- The Supreme Court on Monday dealt a blow to a sweeping U.S. air pollution regulation aimed primarily at curbing emissions of mercury from coal-fired power plants by ruling that the Obama administration wrongly failed to consider compliance costs. "EPA is disappointed that the court did not uphold the rule, but this rule was issued more than...

  • "EPA is disappointed that the court did not uphold the rule, but this rule was issued more than three years ago, investments have been made and most plants are already well on their way to compliance," the agency said in a statement. The EPA "remains committed to ensuring that appropriate standards are in place to protect the public from the significant amount of...

  • Coal stocks rise on Supreme Court emissions ruling Monday, 29 Jun 2015 | 11:31 AM ET

    Shares of Consol Energy Inc. rose 2 percent to $22.83; Alpha Natural Resources Inc. rose 4 percent to 34 cents; Peabody Energy Corp. and Arch Coal Inc. jumped 9 percent. Walter Energy Inc. spiked 23 percent to 24 cents. Utilities also picked up steam, with Southern Co. gaining 48 cents to $42.38, Duke Energy Corp. up 56 cents to $71.56 and NextEra Energy Inc. up 62...

  • SAN FRANCISCO, June 24- A bill to require California's state pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining passed an Assembly committee by a vote of 5-1 on Wednesday. Stanford University and the University of Maine have made similar moves. It has investments in coal companies...

  • U.S. lawmakers promise scrutiny of coal cleanup program Wednesday, 24 Jun 2015 | 5:48 PM ET

    WASHINGTON, June 24- Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday. Debbie Dingell, the leading Democrat on the committee's oversight panel. The country's four largest coal...

  • SAN FRANCISCO, June 24- A bill to require California's state pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining passed an Assembly committee by a vote of 5-1 on Wednesday. In the United States, Stanford University and the University of Maine have made similar moves.

  • SAN FRANCISCO, June 24- A bill to require California's state pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining received three of the four required votes in a preliminary count at a California Assembly committee on Wednesday. In the United States, Stanford University and the...

  • WASHINGTON, June 4- Coal giant Peabody Energy has been among the harshest critics of federal energy policies, joining a court challenge to the Obama administration's new clean air regulations and denouncing its promotion of renewable fuels. "Our team will examine all aspects of bonding and self-bonding," said Chris Holmes, a spokesman for the Office of Surface...

  • HARLAN COUNTY, KY, June 4- When Dan Mosley became head of Kentucky's Harlan County government this year, he promised- like those elected before him- to defend the state's beleaguered coal industry. Talk of an economic transition remains difficult in eastern Kentucky, where you can still spot bumper stickers that read "Mine Every Lump" and statues honor coal miners.

  • May 22- U.S. miner Arch Coal Inc is in talks with restructuring advisers as it seeks to reduce its debt, the Wall Street Journal reported on Friday, citing sources familiar with the matter. Arch Coal and its rivals have been under pressure as power utilities switch to cheaper natural gas and big consumers such as China reduce imports. Arch Coal said in a statement...

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...

  • Alpha, which idled some of its mines in West Virginia earlier this year, said its revenue fell 24 percent to $842 million in the three months to March 31 as sales volumes dropped more than 11 percent. Peabody Energy Corp and Arch Coal Inc reported bigger-than-expected losses last week. Alpha cut its 2015 capital spending plan to $200 million- $250 million from $225...

  • April 23- Coal miner Peabody Energy Corp reported a bigger-than-expected loss due to lower prices and declining Chinese demand. Sluggish demand from Europe and Asia, especially China, has also weighed on metallurgical or steel-making coal prices. Net loss attributable to Peabody's common stockholders widened to $176.6 million, or 65 cents per share, in the...

  • April 21- U.S. miner Arch Coal Inc reported a bigger-than-expected quarterly loss and cut its full-year production forecast for both power-generating and steel-making coal. The company, which mines coal in various regions in the United States such as Powder River Basin, Appalachia, Colorado and Illinois, said average sales price fell to $19.18 per ton in the...

  • Arch Coal's loss narrows on lower costs Tuesday, 21 Apr 2015 | 7:55 AM ET

    April 21- U.S. miner Arch Coal Inc reported a smaller quarterly loss as the company kept a tight leash on costs amid falling prices. The company's net loss narrowed to $113.2 million, or 53 cents per share, in the first quarter ended March 31, from $124.1 million, or 59 cents per share, a year earlier. Revenue fell 8 percent to $677 million.

  • Feb 17- Walter Energy Inc forecast a 10 percent drop in sales volume of steel-making coal for 2015 due to sluggish Chinese and European demand, sending its shares down as much as 11 percent. Walter had said in April it would stop production at its Wolverine and Willow Creek mines in British Columbia and temporarily lay off about 700 employees.

  • Feb 17- U.S. coal miner Walter Energy Inc reported a bigger-than-expected quarterly loss as it sold less metallurgical coal after suspending mining operations in Canada. Walter Energy also forecast metallurgical coal sales to fall to 8.5 MMTs to 9 MMTs in 2015 from $9.7 MMTs in 2014, helping to send its shares down more than 8 percent to $1.00 in premarket...

  • Alpha Natural and rivals such as Peabody Energy Corp and Arch Coal Inc are reining in expenses to make up for coal prices that have remained low for at least two years. Peabody Energy slashed its quarterly dividend last month and Arch Coal suspended its dividend this month. Adjusted cost of sales for Alpha Natural's eastern mines, spanning the Appalachian...

  • Feb 3- U.S. miner Arch Coal Inc said it expected costs in the Powder River Basin and Appalachian regions to fall this year, helped partly by lower diesel prices and easing railroad snarls, sending its shares up as much as 13 percent. Arch Coal and its rivals have been hurt by weak demand for thermal coal as utilities have switched to cheap and abundantly available...