Offerings: Arch Coal, Anthera Pharmaceuticals Friday, June 3, 11:52 AM ET
Arch Coal (NYSE:
ACI) said today it has priced a secondary offering of 48 million shares of common stock at $27 per share.
Gross proceeds of the offerings will total about $1.3 billion, Arch said.
Underwriters have 30 days to purchase an additional 7.2 million shares to cover any over-allotments.
Arch Coal said it plans to use net proceeds of the offering to finance a portion of its $3.4 billion acquisition of International Coal Group (
Late yesterday, Anthera Pharmaceuticals (NASDAQ:
ANTH) announced it is planning a secondary public offering to use towards general corporate purposes.
Anthera did not indicate the size or expected terms of the offering, but said underwriters will have the option to purchase an additional 15% of the offering to cover over-allotments.
Anthera focuses on treatments for cardiovascular and autoimmune diseases.
For MarketNewsVideo.com, Iím Sayoko Murase.
Monday Sector Leaders: Defense, Computer Peripherals
Related symbols: RTN, HII, ZAGG, RSYS
Monday Sector Laggards: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks
Related symbols: MPO, UPL, VOC, ECT
Friday Sector Leaders: Oil & Gas Exploration & Production, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: MPO, WRES, ACH, TC
Monday's ETF with Unusual Volume: DIV
Related symbols: DIV, T, ARCP, TCP, BBEP
Monday's ETF Movers: EEM, BBH
Related symbols: MBT, SKM, GILD, ISIS, BBH, EEM
EZU, SMEZ: Big ETF Outflows
Related symbols: EZU, SMEZ, RYAAY
Daily Dividend Report: T, COV, FCX, WSM, WST, KRG
Related symbols: T, COV, FCX, WSM, WST, KRG
Daily Dividend Report: MOS, NLY, CIM, WGL, NYT, PIR, WMC, RAS
Related symbols: MOS, NLY, CIM, WGL, NYT, PIR, WMC, RAS
Daily Dividend Report: AMGN, ZTS, WDR, IRC, SCHL, KYE
Related symbols: AMGN, ZTS, WDR, IRC, SCHL, KYE
Weekly Market Wrap: December 19, 2014
Related symbols: BAC, AAPL, GE, BBRY, ANGN, GM, CVS, MMM, BA, LLY
Weekly Market Wrap: December 12, 2014
Related symbols: BAC, TLM, AAPL, GE, CME, WPC, PM, CAT, JPM, MON
Weekly Market Wrap: December 5, 2014
Related symbols: BAC, SIRI, AAPL, KMI, FB, DIS, VZ, MA, SPLS
Week Ahead Market Report: December 22, 2014
Related symbols: GILD, ACHN, RAD, BAC, CAMP, WAG, SCS
Week Ahead Market Report: December 15, 2014
Related symbols: BAC, AAPL, SIRI, GE, DRI, FDX, CAG, BBRY
Week Ahead Market Report: December 8, 2014
Related symbols: BAC, AAPL, DRYS, HAL, BURL, MW, LULU, NQ
All videos » |
Stock market definitions »
Offerings: Arch Coal, Anthera Pharmaceuticals
| Market News Video | Copyright © 2008 - 2014, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.