Walter Energy (WLT) Higher On Takeover Speculation
Tweet Send to a Friend
Get Alerts WLT Hot Sheet
Price: $18.52 -0.05%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.6%
Revenue Growth %: -22.3%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.6%
Revenue Growth %: -22.3%
Trade WLT Now!
Shares of Walter Energy, Inc. (NYSE: WLT) are moving in higher pre-open trading on reports from the London Times, that Anglo American (OTC: AAUKY) is considering a $120/share bid for the company. BHP (NYSE: BHP) is also said to be interested.
While the report is boosting the stock of Walter Energy 10%, Liberum Capital said a bid from Anglo American is unlikely.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
While the report is boosting the stock of Walter Energy 10%, Liberum Capital said a bid from Anglo American is unlikely.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Bausch & Lomb near deal to sell to Valeant Pharmaceuticals (VRX) - WSJ
- SAP AG (SAP) talks to buy Jive Softwar (JIVE) ended- Bloomberg
- Valeant (VRX) Continues Deal Hunt; Close to Buying Bausch & Lomb for $9B
Create E-mail Alert Related Categories
Rumors
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
