Offerings: Arch Coal, Anthera Pharmaceuticals Friday, June 3, 11:52 AM ET
Arch Coal (
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 Laggards: Biotechnology, Drugs
Related symbols: ABEO, CRIS, NBRV, APLS
Monday Sector Leaders: Trucking, Education & Training Services
Related symbols: YRCW, WERN, BOXL, EDU
Friday Sector Laggards: Music & Electronics Stores, Food Stocks
Related symbols: GME, RCII, CPB, ANFI
Monday's ETF with Unusual Volume: PKB
Related symbols: PKB, HD, DHI, TEX, CVCO
Monday's ETF Movers: XOP, XBI
Related symbols: CHK, DNR, ABEO, INSM, XBI, XOP
ITB, FLN: Big ETF Outflows
Related symbols: ITB, FLN, DHI, LEN
Daily Dividend Report: RYN, MNRO, AET, HAL, WLK, O
Related symbols: RYN, MNRO, AET, HAL, WLK, O
Daily Dividend Report: HD, MO, CSX, CCI, WY, HIG
Related symbols: HD, MO, CSX, CCI, WY, HIG
Daily Dividend Report: CB, ASH, APD, STT, HAS
Related symbols: CB, ASH, APD, STT, HAS
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 - 2018, 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.