First quarter earnings for Arch Coal Inc. (NYSE: ACI) plunged to 21 cents per share compared with 56 cents per share a year earlier as demand tumbled and the company forecast disappointingly low full year results. Shares of the coal company dropped $1.32 to close at $13.59.
Earnings Plunge For Arch Coal
April 24, 2009 at 17:07 PM EDT
