Coal ETFs to Consider Following International Coal Deal
May 02, 2011 at 09:57 AM EDT
Exchange traded funds (ETFs) that invest in coal companies were in the spotlight Monday on news Arch Coal (NYSE: ACI) is buying International Coal Group (NYSE: ICO) for $3.4 billion. International Coal shares surged more than 30% after the deal’s announcement. Coal and miner ETFs could also see...