Coal Stocks Rise After Arch Attempts Refinancing
December 03, 2013 at 12:16 PM EST
Arch Coal (ACI) has been like a lump of coal in a Christmas stocking. Hurt by weak demand and low prices along with other coal producers, the stock has fallen 74% during the last two years. Today, Arch is fueling gains for the broader industry. Late Monday, the compay launched a series of transactions aimed at improving [...]