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.
Wednesday Sector Laggards: Electric Utilities, Agriculture & Farm Products
Related symbols: GLBL, TERP, CRESY, AGRO
Wednesday Sector Leaders: Biotechnology, Apparel Stores
Related symbols: KBIO, OHRP, SSI, BOOT
Tuesday Sector Laggards: Airlines, Entertainment Stocks
Related symbols: CPA, ALGT, HKTV, WWE
Wednesday's ETF with Unusual Volume: GWX
Related symbols: GWX, BBD.B.CA, AMRN, GUY.CA, ACQ.CA
Wednesday's ETF Movers: XBI, ILF
Related symbols: SAGE, AGEN, ITUB, PBR.A, ILF, XBI
EWT, KOLD: Big ETF Outflows
Related symbols: EWT, KOLD
Daily Dividend Report: MKC, WU, WR, INT, GES, CCBG
Related symbols: MKC, WU, WR, INT, GES, CCBG
Daily Dividend Report: BDX, HRL, VAL, LG, FGP, DSW, CHS
Related symbols: BDX, HRL, VAL, LG, FGP, DSW, CHS
Daily Dividend Report: CBU, LUV, WLK, UGI, ORI, GME, DCI, CINF
Related symbols: CBU, LUV, WLK, UGI, ORI, GME, DCI, CINF
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Offerings: Arch Coal, Anthera Pharmaceuticals
| Market News Video | Copyright © 2008 - 2015, 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.