ST. LOUIS (AP) - Coal producer Arch Coal Inc. said Tuesday it posted a lower-than-expected loss of $128.4 million in the third quarter as lowered expenses helped temper weaker coal prices.
The St. Louis-based company lost 61 cents per share in the July-through-September period. That compares with net income of $45.8 million, or 22 cents per share, a year earlier.
Excluding one-time items, Arch said it lost $1.8 million, or a penny per share. That's down from an adjusted profit of $41.8 million, or 20 cents per share, last year.
Revenue fell 19 percent to $791.3 million from $975.2 million a year ago.
Analysts surveyed by Fact Set expected a loss of 31 cents on sales of $878.3 million.
Arch Coal shares fell 20 cents, or 4.8 percent, to $3.96 in morning trading.
An investigation underway in Franklin County after a St. Louis woman says she was raped by two armed men.
The woman told officers she was driving home to St. Louis from Cuba, when she became lost. When she pulled over to ask for directions, two men--one man armed with a knife, the other with a gun--approached her car. The men proceeded to sexually assault her.
The woman was treated for the assault at a hospital. Police have only a very vague description of the suspects. The woman was not able to tell authorities which direction the men drove off.
The 2013 season at Busch is now over, the focus now turns outside the stadium.
Ballpark Village is set to open next year and hiring is set to begin in the coming months. Employers say they will have information sessions and job fairs upcoming. Until then, candidates may want to contact the St. Louis Agency on Training and Employment. SLATE advisors are offering to help anyone hoping to work at Ballpark Village. Services include free resume-writing workshops, job training and interview tips.
SLATE staff should start referring candidates for open positions in January. But first, you must pre-register at a SLATE office.