Walter J. Scheller III, Chief Executive Officer of Walter Energy, Inc. (NYSE: WLT) (TSX: WLT), today provided an update on the Company′s decision to curtail production at its Willow Creek mine. 'Over the past 18 months, since I became CEO, one of my key priorities ...
Walter Energy Inc. ('Walter Energy?) (NYSE: WLT) (TSX: WLT) today announced the closing of its previously announced private offering of $450 million aggregate principal amount of its 8.500% senior notes due 2021 (the 'Notes?). The Notes will be guaranteed by each ...
BIRMINGHAM, Ala., March 22, 2013 /CNW/ - Walter Energy Inc. ("Walter Energy") (NYSE: WLT) (TSX: WLT) today announced that it has increased the size of its previously announced offering of $350 million aggregate principal amount of senior notes due 2021 to $450 million with a coupon of 8.500% per annum (the "Notes"). Walter Energy will pay interest [...]
BIRMINGHAM, Ala., March 22, 2013 /CNW/ - Walter Energy Inc. ("Walter Energy") (NYSE: WLT) (TSX: WLT) today announced that it has commenced a private offering of $350 million aggregate principal amount of senior notes due 2021 (the "Notes"). The Notes will be guaranteed by each of Walter Energy's current and future direct and indirect wholly-owned [...]
RDInvesting Provides Stock Research on Natural Resource Partners and Walter EnergyNEW YORK, NY -- (Marketwire) -- 03/18/13 -- The U.S. coal industry has endured some major struggles over the past few years. Tighter regulations on emission and increased competition from cheap natural gas have been major factors in the coal Industry's sharp decline [...]
Begins Mailing Proxy Statement for April 25th Annual MeetingBIRMINGHAM, AL -- (Marketwire) -- 03/11/13 -- Walter Energy Inc. (NYSE: WLT) (TSX: WLT) today began mailing the proxy statement for its Annual Meeting of Shareholders scheduled for April 25, 2013. In addition, Michael T. Tokarz, Chairman of the Board, and Walter J. Scheller, III, Chief [...]
BIRMINGHAM, AL -- (Marketwire) -- 02/20/13 -- Walter Energy Inc. (NYSE: WLT) (TSX: WLT), the world's leading, publicly traded "pure-play" producer of metallurgical (met) coal for the global steel industry, today announced results for the fourth quarter ended December 31, 2012 that reflect cost control initiatives, aggressive production management [...]
BIRMINGHAM, AL -- (Marketwire) -- 02/19/13 -- Walter Energy (NYSE: WLT) (TSX: WLT), the world's leading, publicly traded "pure-play" producer of metallurgical coal for the global steel industry, announced that long-time independent director Howard Clark, Jr., retired, effective yesterday.
"On behalf of our entire Board, I would like to extend our [...]
BIRMINGHAM, AL -- (Marketwire) -- 02/19/13 -- Walter Energy Inc. (NYSE: WLT) (TSX: WLT), (the Company) today confirmed that Audley European Opportunities Fund, Ltd, an affiliate of hedge fund Audley Capital Advisors LLP (Audley), sought to advise the Company of its intent to nominate a slate of five director candidates to stand for election at the [...]
BIRMINGHAM, AL -- (Marketwire) -- 02/19/13 -- Walter Energy (NYSE: WLT) (TSX: WLT), the world's leading, publicly traded "pure-play" producer of metallurgical coal for the global steel industry, announced the election of Mary R. "Nina" Henderson to the Board as an independent director, effective today.
"We look forward to the new perspective Nina [...]
Nominates Five Highly-Qualified Candidates Experienced in MiningBelieves Current Board Has Shown a Lack of Strategic and Financial Judgement Reflected in Company′s Significant Underperformance