Arch Coal Ready for Opportunities in Domestic and Seaborne Markets
Posted on August 01, 2012 at 03:02 AM EDT
JOHANNEBURG --August 1, 2012--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--"Cautiously optimistic" was the keynote for Arch Coal Incorporated's (NYSE:ACI) executives when they were responding to questions from industry analysts after the presentation of the company's second quarter results. Following better results than had been expected, albeit reporting a net loss of $436 million, the company's stock has received a significant boost from the market.
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