Arch Coal, Inc. (NYSE:ACI)

Coal

Arch Coal’s Pre-Destined Bankruptcy Filing

The other shoe has dropped for Arch Coal Inc. (NYSE: ACI). The coal miner said Monday morning that as part of restructuring deal with its lenders, it and "substantially all" ...
Read Full Story »
train hauling coal

Coal Production Keeps Taking It on the Chin

It's a crummy time to be a coal miner. If the political backlash against coal doesn't get you, you can bet your assets that warm winter weather will. A fresh ...
Read Full Story »
Coal

Court Lets Mercury Rule Stand While EPA Counts the Cost to Coal Industry

Early Tuesday morning, the U.S. Court of Appeals for the Washington, D.C., circuit ordered the U.S. Environmental Protection Agency (EPA) to reconsider the agency's mercury rule following the June decision ...
Read Full Story »
bankruptcy

Is Bankruptcy the Only Way Out for Arch Coal?

It is no secret that being in the coal business is now about as bad as would have been to be a coal miner in years past. The coal mining ...
Read Full Story »
Bankruptcy

Leveraged Loan Default Rates Could Reach 2% in 2015

In the month of August, the institutional leveraged loan market experienced five defaults, the most since March of 2014. As bad as that is, it could get worse. According to ...
Read Full Story »
coal train

What Was the Attraction in Coal Stocks on Thursday?

Judging by the heavy action and soaring stock prices at two coal miners on Thursday, an observer may be forgiven for thinking that all the natural gas in the U.S. ...
Read Full Story »
coal train

Coal Miners Take Another Beating on Friday

Coal-mining stocks have dropped from about 1% to 10% on Friday, with Arch Coal Inc. (NYSE: ACI) falling the most. No news on fundamentals in the coal business explain the ...
Read Full Story »
Mountain top coal mine

Patriot Coal Bankruptcy Auction Set

When Patriot Coal filed for bankruptcy in May of this year, it became the first of the U.S. coal companies to succumb to the tumbling price of coal. The company ...
Read Full Story »
coal

Arch Coal Soars as Debt Swap Offer Delayed Again

To say that shares of Arch Coal Inc. (NYSE: ACI) have been volatile Monday morning is not an overstatement. Shares opened at $7.54, down more than 8% from Friday’s closing ...
Read Full Story »
Coal stack on white

Leveraged Loan Default Rate Soars on Coal Miner Bankruptcies

Since the beginning of March, 77% of leveraged loan default volume has come from metals/mining and energy companies. While the institutional rate for the trailing 12 months was 1.4% at ...
Read Full Story »
coal train

Short-Covering, Possible Debt Swap Send Peabody Stock Soaring

The number of shares of Peabody Energy Corp. (NYSE: BTU) sold short is more than double what it was a year ago. The number of shares short hit a 12-month ...
Read Full Story »
coal

Arch Coal: A New Momentum Stock?

In the past two-and-a-half trading sessions, shares of Arch Coal Inc. (NYSE: ACI) have risen nearly 90%, not including the effect of a one-for-10 reverse stock split that occurred after ...
Read Full Story »
Coal stack on white

Is Arch Coal Really Back?

When investors see a rise of 40% or more in a stock, they start to wonder what is happening. When they see a rise by that much in a coal ...
Read Full Story »
Power Plant

Energy, Mining Companies Lead Debt Default Rates Higher

The impact of low commodity prices has taken a steep toll on energy producers, particularly in the oil and coal businesses. According to Fitch Ratings, the energy industry’s default rate ...
Read Full Story »
Coal stack on white

Is Arch Coal Next for the Bankruptcy Line?

Arch Coal Inc. (NYSE: ACI) is getting some pushback from investors holding the company’s $1.9 billion term loan and seeking to stop the company from going through with a debt ...
Read Full Story »