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Walter Industries, Inc. (WLT) [hlAlert]

Rating:
Sell WLT
up 13,470.37 %

Walter Industries, Inc. (WLT) rated Sell by Credit Agricole

Posted on: Friday,  Oct 12, 2012  8:25 AM ET by Credit Agricole

Credit Agricole rated Sell Walter Industries, Inc. (NYSE: WLT) on 10/12/2012, when the stock price was $36.64. Since
then, Walter Industries, Inc. has lost 99.26% as of 06/23/2015's recent price of $0.27.
If you would have followed this Credit Agricole's recommendation on WLT, you would have gained 13470.4% of your investment in 984 days.

Walter Energy, Inc. (Walter Energy), formerly Walter Industries, Inc., is a producer and exporter of premium United States metallurgical coal for the global steel industry. The Company also produces steam coal and industrial coal, metallurgical coke and coal bed methane gas. The Company, through its operating segments, offers products and services, including coal and natural gas, metallurgical coke, mortgage financing and home construction. Its segments include Natural Resources, Sloss, Financing, Homebuilding and Other. The Natural Resources segment consists primarily of Jim Walter Resources, Inc., Tuscaloosa Resources, Inc., Taft Coal Sales & Associates and United Land Corporation. The Financing segment includes Walter Mortgage Company, services non-conforming instalment notes and loans that are secured by mortgages and liens. The Homebuilding segment includes Jim Walter Homes, Inc., which is an on-your-lot homebuilder. On September 2, 2008, it acquired Taft Coal Sales & Associates.

Credit Agricole
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/12/2012 8:25 AM Sell
None
36.64
as of 12/31/2012
1 Week down  -6.56 %
1 Month down  -18.80 %
3 Months up  2.07 %
1 YTD up  2.07 %

(*) Stock Price at the time of the recommendation.
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