MACARTHUR COAL

A trader works on the floor of the New York Stock Exchange

U.S. Stock Index Futures Signal Early Gains

Stock index futures pointed to a higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.4 percent at 1007 GMT.

U.S. Stock Futures Point Upward

IBTimes Logo
Stock index futures pointed to a higher open on Wall Street Friday, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.7 percent at 0924 GMT (4:24 a.m. ET).
IBTimes Logo

Analysis: Peabody/ArcelorMittal bet on steel growth

The world's biggest steelmaker and America's largest coal producer could pay top dollar for Australia's Macarthur Coal , but they are likely to reap a benefit if the surging Asian steel business keeps growing, according to analysts.
More news
IBTimes Logo

Peabody sweetens Macarthur Coal bid; Noble hovers

Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer was below Macarthur's market price, suggesting the bidding could go higher.
IBTimes Logo

Macarthur Coal rejects Peabody $3 billion bid

Australia's Macarthur Coal rejected a $3 billion bid from U.S. miner Peabody Energy, saying it undervalued the growth prospects of a company which controls a third of the world's supply of a cleaner coal coveted by steelmakers.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.