Houston, TX – March 05, 2014 – (Techsonian) – Arch Coal Inc. (ACI) announced several changes to its board of directors. Chairman Steven F. Leer, 61, will retire from Arch’s board following the company’s annual shareholder meeting on April 24. Leer served as the company’s chief executive officer from 1997 to 2012, and as president of Arch Mineral Corporation, a predecessor company, from 1992 to 1997. He was elected chairman in 2006.
Arch Coal Inc (NYSE:ACI) managed to keep its gain at 2.23% on below-normal volume of 7.58M shares. The stock settled at $4.58 after floating in a range of $4.46 to $4.60. Its latest price has reached market capitalization of $979.17 billion. Its 52-week range has been $3.47 to $6.03.
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Oxygen Biotherapeutics, Inc. (OXBT) announced recently that it has been notified by the U.S. Food and Drug Administration (the “FDA”) that the agency has completed its review of the September 2013 nonclinical submission and has lifted the clinical hold on Oxycyte®. Lifting of the clinical hold clears the company to proceed with the clinical development program in the US.
Oxygen Biotherapeutics, Inc.(NASDAQ:OXBT) traded up on a volume of 7.43 million, higher than its standard daily volume. Shares have gained 14.52% to $7.10. Over the last twelve months, the stock has gained 33.96% and faced a worst price of $1.19.
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IAMGOLD Corp. (IAG) stated its 2013 year-end mineral reserve and resource statement. Total attributable proven and probable gold reserves decreased by 11% or 1.2 million ounces to 10.1 million ounces of gold at the end of 2013 mainly impacted by Rosebel as a result of mining parameter changes reflecting higher costs associated to hard rock mining and Sadiola due to change in gold price assumptions used, partially offset by an increase at Essakane due to positive drilling results.
IAMGOLD Corp (USA) (NYSE:IAG) settled -1.57% lower at $3.76 on above-normal volume of 7.30M shares during the last trading day. The stock has its 12-month high at $7.54 and 52-week low price was $3.15. It traded in a range of $3.72 to $3.88 during the last trading day.
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Halcon Resources Corp. (HK) declared its fourth quarter and full year 2013 results. The company generated revenues of $289.3 million for the quarter ended December 31, 2013, compared to $124.8 million for the quarter ended December 31, 2012. Revenues for the full year 2013 were $999.5 million, compared to $248.3 million for the full year 2012.
In the last trading session, Halcon Resources Corp (NYSE:HK) was up on high volume, trading at a volume of 6.93M shares versus its average daily volume of 5.27 million shares. At $4.03, the stock has attained market capitalization of $1.68 billion.
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