MACARTHUR COAL

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U.S. Stock Index Futures Signal Early Gains

Stock index futures pointed to a higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures up 0.3 percent and Nasdaq 100 futures up 0.4 percent at 1007 GMT.

U.S. Stock Futures Point Upward

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Stock index futures pointed to a higher open on Wall Street Friday, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.7 percent at 0924 GMT (4:24 a.m. ET).
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Analysis: Peabody/ArcelorMittal bet on steel growth

The world's biggest steelmaker and America's largest coal producer could pay top dollar for Australia's Macarthur Coal , but they are likely to reap a benefit if the surging Asian steel business keeps growing, according to analysts.
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Top Macarthur shareholder undecided on Peabody bid

U.S. miner Peabody Energy faces an uphill battle to win support for its $3.8 billion bid for Macarthur Coal from the Australian miner's board and biggest shareholder.
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Peabody sweetens Macarthur Coal bid; Noble hovers

Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer was below Macarthur's market price, suggesting the bidding could go higher.
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Peabody raises Macarthur Coal bid; Noble hovers

Top U.S. coal miner Peabody Energy raised its offer for Australia's Macarthur Coal to $3.27 billion, but the new offer is at a discount to Macarthur's last trading price.
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Macarthur Coal rejects Peabody $3 billion bid

Australia's Macarthur Coal rejected a $3 billion bid from U.S. miner Peabody Energy, saying it undervalued the growth prospects of a company which controls a third of the world's supply of a cleaner coal coveted by steelmakers.

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