Walter Energy ( WLT +5% ) moves sharply higher on news it ..... 120/ton for the hard coking variety, WLT 's Canadian operations were losing ..... Brean Capital says; the firm thinks WLT may still pursue asset sales in Canada
* Shares rise as much as 5.7 pct (Adds comments from analysts, updates shares)
Walter Energy ( WLT ) +3.3% premarket on news it will begin idling its Canadian operations , including the Wolverine and Brazion coal mines in British Columbia. WLT will place Wolverine on idle status effective immediately, with Brazion
April 15 (Reuters) - Coal miner Walter Energy Inc said it would idle its mines in British Columbia and temporarily lay off about 695 jobs.
downgrades Alpha Natural Resources ( ANR ), Walter Energy ( WLT ) and Arch Coal ( ACI ) to Sell from Neutral ..... 3 from $5 for ANR, $5 from $8 for WLT , and $3 from $5 for ACI. ANR -3.7% , WLT -3.2% , ACI -2.7% premarket. 1
BTU -2.9% ), Consol Energy ( CNX -2.2% ) and Walter Energy ( WLT -4.9% ) to Neutral from Buy. Stock target prices ..... 5 from $12, BTU to $17, CNX to $42 from $48, WLT to $8 from $25. Cloud Peak Energy ( CLD -0.5
Walter Energy ( WLT +6.2% ) bounces from yesterday's plunge, with Morgan Stanley ..... prices never again rise above $160 per ton. In this instance, the PT on WLT would be $2. Others bouncing today: Arch Coal ( ACI +2.6% ), Alpha
NEW YORK, March 20 (IFR) - Investors in the new USD350m payment-in-kind (PIK) bond from Walter Energy are nursing big losses after the risky security dropped six points immediately after pricing.
Walter Energy ( WLT ) -11.4% premarket as BofA/Merrill comes out deeply negative on ..... next several years due to oversupply and reluctance to shut capacity. On WLT , the firm fears the company is likely to face liquidity issues and cuts
Walter Energy ( WLT -10.7% ) plunges more than 10% after ..... refinance debt, according to an 8-K filing . WLT is seeking lender permission to repay its ..... a short-term positive since it gives WLT some "much needed runway," UBS credit