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Stock Market & Financial Investment News

News Breaks
May 2, 2014
08:10 EDTWLTWalter Energy reiterated as a Sell at UBS
UBS reiterated Walter Energy as a Sell rating and with a $5 price target and lowered estimates following the weak Q1 report. The firm said the met coal market remains oversupplied and that Walter could deplete its cash in two years.
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July 11, 2014
12:51 EDTWLTWalter Energy volatility low into Q2
Walter Energy July call option implied volatility is at 63, August is at 71, and December is at 70; compared to its 26-week average of 74 according to Track Data, suggesting decreasing price movement into the expected release of Q2 results on July 31.

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