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Walter Energy Inc

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  • Feb 20- Coal miner Walter Energy Inc reported a smaller-than-expected fourth-quarter loss due to cost cuts, and forecast a slight improvement in demand for metallurgical, or steel-making, coal in 2014, sending its shares up 6 percent.

  • *Q4 adj loss $0.55/ share vs estimate $0.84/ share. Feb 20- Coal miner Walter Energy Inc reported a smaller-than-expected adjusted quarterly loss as costs to produce steel-making coal, the company's main product, declined.

  • Walter Energy posts larger loss on one-time charge Thursday, 20 Feb 2014 | 8:10 AM ET

    Feb 20- Coal miner Walter Energy Inc reported a larger fourth-quarter loss after taking a $140.2 million charge. Net loss increased to $174.3 million, or $2.79 per share in the quarter ended Dec. 31, from $71 million or $1.13 per share, a year earlier. Total revenue slid about 1 percent to $472 million.

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  • Oct 30- Coal miner Walter Energy Inc said prices on steel-making coal are improving and will continue to firm next year due to strong demand in Asia, sending its shares up 3.3 percent despite a larger-than-expected quarterly loss. However, Walter Energy Chief Executive Walt Scheller said prices were showing sustainable improvement.

  • Oct 30- Coal miner Walter Energy Inc reported a bigger-than-expected quarterly adjusted loss due to weak prices of steel-making coal, its main product. However, Walter Energy Chief Executive Walt Scheller said prices were beginning to improve. Walter Energy reported a net loss of $100.7 million, or $1.61 per share, for the third quarter ended Sept. 30.

  • Oct 30- Coal miner Walter Energy Inc reported a much smaller quarterly net loss compared with the year-ago quarter, when the company took a $1.1 billion impairment charge related to its acquisition of Western Coal. Walter Energy reported a net loss of $100.7 million, or $1.61 per share, for the third quarter ended Sept. 30.

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