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Stock Market & Financial Investment News

News Breaks
July 8, 2014
11:07 EDTWLBWestmoreland Coal sees Q2 adjusted EBITDA $35M-$38M
In a regulatory filing, the company said, "Although our unaudited consolidated financial statements for the three months ended June 30, 2014 are not yet complete, we currently anticipate reporting Adjusted EBITDA in the range of $35.0-$38.0 million for the three months ended June 30, 2014. This represents an approximate 21%-31% increase from our Adjusted EBITDA of $28.9 million for the three months ended March 31, 2014. We have not completed the application of purchase accounting following closing of the Canadian Acquisition and are therefore unable to provide a range of net income (loss) for the three months ended June 30, 2014."
News For WLB From The Last 14 Days
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December 15, 2014
07:09 EDTWLBOxford Resource Partners says three proxy advisories support transactions
Oxford Resource Partners (OXF) announced that Institutional Shareholder Services, Glass, Lewis & Co. and Egan-Jones Proxy Services, three independent proxy advisory firms, have all issued reports recommending that Oxford unitholders vote "FOR" on all of the proposals required to carry out the recently announced transactions with Westmoreland Coal (WLB).
December 9, 2014
12:50 EDTWLBWestmoreland announces coal services partnership with Trafigura
Westmoreland Coal Company announced that it has entered into a coal services agreement with Trafigura AG under which Trafigura will exclusively market certain tons of export thermal coal from Westmoreland’s Coal Valley Mine in Alberta, Canada.

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