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Stock Market & Financial Investment News

News Breaks
April 25, 2014
07:13 EDTWLBWestmoreland Coal reports Q1 EPS ($1.30), may not compare to consensus (9c)
Reports Q1 revenue $180.2M, one estimate $171.90M. Reports Q1 adjusted EBITDA $28.9M. The company said, "Revenues increased primarily due to new customer sales and fewer customer and ROVA outages. Net loss increased due to approximately $18.1M of additional interest, currency losses and transaction fees related to the Sherritt acquisition."
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July 29, 2014
07:11 EDTWLBWestmoreland reports Q2 EPS ($4.19), may not compare to one estimate (87c)
Reports Q2 revenue $288M, one estimate $298M. The company said, "Net loss in the quarter was $63.4M and included charges of $20.2M related to acquisition costs and cost of sales related to inventory written up to fair value in the acquisition, $12.6M of extinguishment of debt, $7.5M of restructuring charges, $5M of duplicative and incremental interest incurred before the close of the transaction, and $3.4M of non-cash derivative based losses."
July 28, 2014
07:20 EDTWLBWestmoreland price target raised to $50 from $38 at Brean Capital
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05:58 EDTWLBWestmoreland price target raised to $50 from $40 at Imperial Capital
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July 25, 2014
07:09 EDTWLBWestmoreland reaffirms FY14 adjusted EBITDA outlook $172M-$190M
07:08 EDTWLBWestmoreland Coal reports Q2 EPS ($4.19), one estimate ($1.15)
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July 16, 2014
12:07 EDTWLBLonestar Partners reports 5.4% passive stake in Westmoreland Coal

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