Arch Coal posts 3d-qtr. loss of $128.4M

Oct 29, 2013 | 04:08 PM | Stacy Irish

Tags  Arch Coal, third quarter earnings, metallurgical coal, John Eaves, coking coal, Stacy Irish

NEW YORK — Arch Coal Inc. swung to a net loss in the third quarter, driven by weak market conditions, excess global supply and continued softness in European steel demand.

St. Louis-based Arch Coal posted a net loss of $128.4 million for the three months ended Sept. 30, in contrast to net income of $45.8 million in the same 2012 period, the company said Oct. 29.....

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