Jefferies Downgrades Arch Coal Inc (ACI) to Hold
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UBS Downgrades Arch Coal Inc (ACI) to Neutral
March 25, 2014 4:46 PM EDTUBS downgraded Arch Coal Inc (NYSE: ACI) from Buy to Neutral.
For an analyst ratings summary and ratings history on Arch Coal Inc click here. For more ratings news on Arch Coal Inc click here.
Shares of Arch Coal Inc closed at $4.69 yesterday.... More
Walter Energy (WLT) EPS Estimates Reduced at Goldman Sachs
March 24, 2014 8:00 AM EDTGoldman Sachs maintained a Neutral rating on Walter Energy (NYSE: WLT) and lowered its price target to $9.00 (from $10.00). EPS estimates were also cut. The change follows a recent debt raise.
Analyst Neil Mehta said, "WLT raised $200 mn of senior secured debt due 2019 and $350 mn of second lien PIK toggle notes due 2020. The financing reduces... More
