Arch Coal 3Q Net Up 85% As Surging Volume Fuels Revenue

The Wall Street Journal.com reports that Arch Coal (NYSE:ACI) that higher output drove Q3 revenues up, despite significant bottom line charges.

The story is quoted as saying:

Arch has grown the top line in recent quarters, selling more tons at lower prices than in year-earlier periods. The sector has benefited from stronger demand this year, though low natural-gas prices have pressured the price of the thermal coal burned by power plants.

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