Coal Stocks Roiled After Walter Pulls Out of Loan Refi (WLT) (ACI) (ANR) (BTU) (JRCC)
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Alpha Natural Resources (ANR) Confident it Can Pay Debt Without Tapping Equity
June 18, 2013 9:34 AM EDTYesterday analyst Lucas Pipes of Brean Capital met with management at Alpha Natural Resources (NYSE: ANR). During the meeting, management commented on liquidity, a hot topic given recent news that Walter Energy (NYSE: WLT) delayed plans to refinance its... More
Walter Energy (WLT) Could Rebound as 'Fears Adjust to Reality' - Analyst
June 17, 2013 8:44 AM EDTLast week shares of Walter Energy (NYSE: WLT) declined on reports it cancelled refinancing due to poor market conditions. Walter confirmed it postponed refinancing, but said it has no material debt principal payments due until 2015, and it requires no incremental funding at this time.... More
Walter Energy (WLT) trading halted with news pending
June 14, 2013 2:00 PM EDTWalter Energy, Inc. (NYSE: WLT) trading halted with news pending.... More
Walter Energy (WLT) Trading Paused; Pulls $1.55B Debt Refi
June 14, 2013 1:03 PM EDT(Updated - June 14, 2013 1:08 PM EDT)
Walter Energy (NYSE: WLT) is down 17 percent on Friday amid reports that it pulled out of a large loan refinancing.
Forbes said this afternoon that Walter pulled out of a $1.55 billion loan... More
