Arch Coal files for bankruptcy amid decline of US sector

[caption id="attachment_842078" align="aligncenter" width="600"] In December, Arch Coal exercised a 30-day grade period to pay about $90 million in interest payments due Dec. 15 on bonds.[/caption] Arch Coal (NYSE:ACI), the U.S. second-largest miner of the commodity, said Monday it had filed for...

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