Walter Energy (WLT) Updates on Q2 Production, Operations
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Walter Energy (WLT) Closes on Lows; Target Cut to $6 at CLSA
July 24, 2013 3:59 PM EDTCLSA maintained a Sell rating on Walter Energy (NYSE: WLT) and cut its price target to $6.00 (from $13.00). The cut follows a Q2 operations update and news late on Tuesday that the company cuts its dividend and announced its credit facility has been amended.... More
Walter Energy (WLT) Sinks on Liquidity Worries; Nomura Views Dividend Cut Positively
July 24, 2013 10:50 AM EDTShares of Walter Energy (NYSE: WLT) are getting pummeled early Wednesday as some on the Street voice liquidity concerns after the company cut its dividend to meet covenant terms of its revised credit agreement for Term Loans A & B. Others view the cut as... More
