Macarthur Coal
Macarthur Coal gives nod to sweetened bid
Peabody Energy and ArcelorMittal have sweetened a takeover offer for Macarthur Coal to $4.9 billion, securing the backing of the Australian miner.
Macarthur Coal accepts Peabody takeover
Macarthur Coal's board has accepted the takeover offer for Peabody Energy and ArcelorMittal and will appoint new board members tomorrow.
Macarthur Coal suitors extend takeover bid to October
Peabody Energy and ArcelorMittal have extended their $5b takeover bid for Australia's Macarthur Coal until October 14, the companies said today.
Macarthur Coal sales hit by wet weather
Macarthur Coal’s sales for the June quarter fell 22.5 per cent, due to extended wet weather that started late last year.
Macarthur Coal gets $4.7b takeover offer
Peabody Energy has teamed up with India's ArcelorMittal to offer $15.50 a share for Macarthur Coal - one day after the government unveiled its carbon tax plan.
Macarthur Coal upgrades profit on soaring prices
Macarthur Coal says record prices for coal will push its annual net profit well above last year's result.
Macarthur Coal lifts Queensland force majeure
Macarthur Coal has lifted a force majeure declaration over its mines in Queensland's Bowen Basin, where wet weather has lessened, and is reviewing its production guidance.
Macarthur Coal sees force majeure until end-April; higher costs
Australian coal miner Macarthur Coal warned that it was likely to keep force majeure in place until the end of April due to heavy rain.
Macarthur Coal first-half profit triples
Coal producer Macarthur Coal Limited has reported a 256 per cent increase in first half profit, boosted by higher coal prices.
Macarthur Coal lifts profit guidance
Macarthur Coal says record prices for metallurgical coal mean its annual net profit will be $185-205 million, well up from its profit last year.
Macarthur Coal triples first half profit
Coal producer Macarthur Coal Limited has reported a 256 per cent increase in half year net profit to $141.25 million which was boosted by higher prices
New Hope tops Peabody bid for Macarthur Coal
Clancy Yeates New Hope Corporation sweetens its bid for Macarthur Coal.
Xstrata approached 'substantial' Macarthur Coal shareholder
Xstrata Plc, the biggest exporter of power station coal, approached a ``substantial'' shareholder in Macarthur Coal, joining Peabody Energy Corp.
Peabody ups takeover bid for Macarthur Coal
Clancy Yeates Peabody Energy raises its takeover bid for Macarthur Coal to $3.56b as it attempts to trump a tie-up between Macarthur and Noble.
Macarthur Coal in trading halt
Macarthur Coal has gone into a trading halt pending the release of an announcement by the company.
Macarthur Coal confirms sales guidance
Macarthur Coal has confirmed its full year sales forecast after it lifted a force majeur declaration on shipments from Dalrymple Bay in North Queensland.
Macarthur Coal profit plunges
Macarthur Coal has posted slump in first half net profit, but says demand is improving and full year sales should be better than forecast originally.
Macarthur Coal trims profit after big wet
Australia's Macarthur Coal has cut its first-half profit guidance to a range of $97 million to $102 million after wet weather hurt coal mining operations and due to a stronger Australian currency.
Macarthur Coal tips first-half profit surge
Macarthur Coal expects a better first half profit than for the same period last year due to higher US dollar sales prices, partially offset by a strong Australian dollar and slightly increased mining...
Macarthur Coal shares sink after capital raising
Macarthur Coal shares fell after the company raised $438.7m from its placement of new shares with institutional investors.
