Walter Energy (WLT) Ramps on Questionable Takeover Rumor

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Walter Energy (WLT) Shares Surge, But Company Won't Comment on "Rumors"

November 30, 2012 1:44 PM EST

Shares of Walter Energy, Inc. (NYSE: WLT) are surging higher on a quiet day Friday on Wall Street amid speculation the company is in the cross-hairs of BHP Billiton (NYSE: BHP) for a takeover.

While the... More