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Latest International Coal Group Stories

2014-02-10 08:29:15

ST. LOUIS, Feb. 10, 2014 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced that it has sold ADDCAR Systems, L.L.C. to UGM Holdings Pty. Ltd. for a total of $21 million. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) ADDCAR has been a wholly owned subsidiary of Arch Coal since the International Coal Group (ICG) acquisition in 2011. Kentucky-based ADDCAR's primary business is manufacturing, servicing and operating highwall mining equipment. "This...

2011-07-29 06:50:00

ST. LOUIS, July 29, 2011 /PRNewswire/ -- Earnings Highlights ------------------- Quarter Ended Six Months Ended In $ millions, except per share data 6/30/11 6/30/10 6/30/11 6/30/10 --------------------- ------- ------- ------- ------- Revenues $985.1 $764.3 $1,858.0 $1,476.2 Income from Operations...

2011-06-15 08:15:00

ST. LOUIS, June 15, 2011 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today made several organizational announcements to address the needs of the expanded company following the acquisition of International Coal Group, Inc. (ICG) and its 13 active mining complexes. "I am confident that the operating leadership structure we are announcing today will help us deliver the full potential of this powerful combination," said John W. Eaves, Arch's president and chief operating officer. The company...

2011-06-15 07:01:00

ST. LOUIS, June 15, 2011 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) ("Arch" or "the company") announced today that it has completed its acquisition of International Coal Group, Inc. (NYSE: ICO) ("ICG") through a merger, with ICG becoming a wholly owned subsidiary of Arch. Prior to the merger, Arch acquired approximately 92 percent of ICG's outstanding shares of common stock in connection with its previously disclosed tender offer. The aggregate value of the transaction totaled $3.4...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.