Arch Coal Barely Turns Q4 Profit, as Coal Demand Wanes (ACI)
Posted on January 29, 2010 at 09:48 AM EST
Coal producer Arch Coal, Inc. (ACI) said Friday that its fourth quarter profit fell sharply from last year, hurt by one-time charges and weak coal market conditions. The St. Louis-based company reported fourth quarter net income of $1.5 million, or 1 penny per share, compared with $62.3 million, or 44 cents per share, in the year-ago [...]