Summary
ST. LOUIS - Arch Coal Inc. said Friday its second-quarter profit tripled on soaring global prices and the company boosted its outlook after beating Wall Street expectations easily.
The performance, on the heels of similar big numbers Wednesday from coal-mining counterpart Peabody Energy Corp., sent Arch's shares climbing more than 9 percent, or $4.70, to close at $55.64 Friday.See the full content of this document
Extract
Arch Coal's Q2 Profits Triple
St. Louis-based Arch - one of the nation's...
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