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Stock Market & Financial Investment News

News Breaks
July 11, 2014
06:05 EDTWLBWestmoreland Coal 1.46M share Secondary priced at $35.50
BMO Capital and Deutsche Bank acted as joint book running managers for the offering.
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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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