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Arch Coal's Q1 plummets from $55.6 million a year ago to just $1.2 million

Michael Allan McCrae | May 01, 2012 | 6:40 pm Energy Coal 

Blaming  severe weakness in U.S. thermal coal markets, Arch Coal, Inc. (NYSE: ACI) today reported first quarter 2012 net income of $1.2 million, or $0.01 per diluted share, compared with net income of $55.6 million, or $0.34 per diluted share, in...

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