Investors eyeing a purchase of Arch Coal, Inc. (NYSE: ACI) shares, but tentative about paying the going market price of $5.36/share, might benefit from considering selling puts among the alternative strategies at their disposal.
On the charts, Arch Coal Inc (NYSE:ACI) has had a rough start to 2013, falling almost 29% year-to-date. However, since hitting its 52-week low of $4.47 on April 17, the coal producer has climbed 19.2% to its current perch of $5.33.
As U.S. equities continue to trend higher on better results and an improving economy, even laggards and beaten down stocks such as Thompson Creek Metals Company Inc (USA) (NYSE:TC), Arch Coal Inc (NYSE:ACI) , and Molycorp Inc (NYSE:MCP) are ...
St. Louis-based Arch Coal, Inc. (NYSE: ACI) is one of the world's top coal producers for the global steel and power generation industries, serving customers in 25 countries on five continents.
Cognizant Technology Solutions Corp(NASDAQ:CTSH) shares decreased 2.54% to $63.38. The company on May 8 said first-quarter earnings rose 17% amid a double-digit percentage jump in revenue, while Results beat the company's expectations, and ...
Goldman Sachs upgraded Arch Coal Inc (NYSE: ACI) from Sell to Neutral with a price target of $5.00 saying shares will likely outperform met stocks but lag thermal peers.
UPDATE: Morgan Stanley Upgrades Arch Coal Inc (ACI) to Equalweight, Thermal Coal Inventory on Decline. Article Related Articles (1) Stock Quotes (2) Comments (0).
St. Louis-based Arch Coal, Inc. (NYSE:ACI) is one of the world's top coal producers for the global steel and power generation industries, serving customers in 25 countries on five continents.
LOUIS, May 15, 2013 (BUSINESS WIRE) -- Meritage Midstream Services II, LLC ("Meritage") and Arch Coal, Inc. (NYSE:ACI) ("Arch") announced today that the companies have executed a letter of intent to create a joint venture. The new entity, to be called ...
Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. To see all exchange delays, please see disclaimer.