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Saturday, March 20, 2010 11:00 AM

Westmoreland Coal Co

Image
Type: Company
Name: Westmoreland Coal Co
Nationality: United States
First Reported Mar 17 2010 - Updated Mar 17 2010 - 1 Documents

Form 4 WESTMORELAND COAL Co For: Mar 12 Filed by: TONTINE CAPITAL MANAGEMENT LLC

Visit StreetInsider.com at http://www.streetinsider.com/SEC+Filings/Form++4++++++++++WESTMORELAND+COAL+Co++++++For%3A+Mar+12++Filed+by%3A+TONTINE+CAPITAL+MANAGEMENT+LLC/5445502.html for the full story. ... [Published Mar 17 2010 by Street Insider]
First Reported Mar 16 2010 - Updated Mar 16 2010 - 2 Documents

The Quant View: What the Market Wants--Wall of Resistance

Is the market hitting a wall of resistance…or just refueling before takeoff? Today, the SPY (an ETF that tracks the S&P 500) was up for the twelfth consecutive day. So the question is, can it continue without a pullback to shake out the weaker holders? ... [Published Mar 16 2010 by Green Faucet]
First Reported Mar 15 2010 - Updated Mar 15 2010 - 1 Documents

Form 8-K WESTMORELAND COAL Co For: Mar 11

Visit StreetInsider.com at http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++WESTMORELAND+COAL+Co++++++For%3A+Mar+11/5437839.html for the full story. ... [Published Mar 15 2010 by Street Insider]
First Reported Mar 12 2010 - Updated Mar 12 2010 - 1 Documents

Form 10-K WESTMORELAND COAL Co For: Dec 31

Visit StreetInsider.com at http://www.streetinsider.com/SEC+Filings/Form++10-K+++++++WESTMORELAND+COAL+Co++++++For%3A+Dec+31/5435262.html for the full story. ... [Published Mar 12 2010 by Street Insider]
First Reported Mar 11 2010 - Updated Mar 11 2010 - 1 Documents

Westmoreland Reports Year End 2009 Results

Westmoreland Coal Company (NYSE Amex:WLB) reported today a net lossapplicable to common shareholders of $28.7 million ($2.88 per dilutedshare) for 2009 compared to a net loss of $49.9 million ($5.25 perdiluted share) for 2008.“We endured extraordinary ... [Published Mar 11 2010 by EuroInvestor.co.uk]
First Reported Mar 11 2010 - Updated Mar 12 2010 - 1 Documents

Westmoreland Reports Year End 2009 Results

Westmoreland Coal Company(NYSE Amex:WLB) reported today a net loss applicable to common shareholders of $28.7 million ($2.88 per diluted share) for 2009 compared to a net loss of $49.9 million ($5.25 per diluted share) for 2008."We endured extraordinary ... [Published Mar 11 2010 by FinanzNachrichten.de]
First Reported Mar 08 2010 - Updated Mar 08 2010 - 1 Documents

Form 4 WESTMORELAND COAL Co For: Mar 05 Filed by: MYERS TODD A

Visit StreetInsider.com at http://www.streetinsider.com/SEC+Filings/Form++4++++++++++WESTMORELAND+COAL+Co++++++For%3A+Mar+05++Filed+by%3A+MYERS+TODD+A/5417657.html for the full story. ... [Published Mar 08 2010 by Street Insider]
First Reported Feb 11 2010 - Updated Feb 11 2010 - 1 Documents

Form SC 13D/A WESTMORELAND COAL CO Filed by: BLASE ALLEN ANATOLE

Visit StreetInsider.com at http://www.streetinsider.com/SEC+Filings/Form++SC+13DA+++WESTMORELAND+COAL+CO+++++++++++++++++++Filed+by%3A+BLASE+ALLEN+ANATOLE/5331271.html for the full story. ... [Published Feb 11 2010 by Street Insider]

Quotes

...circumstances during 2009 and successfully managed controllable expenses and liquidity" said Keith E Alessi, Westmoreland's President and CEO. "Unscheduled prolonged outages at two of our customers' power plants, and then at our own, combined to put extraordinary downward pressure on our results. We navigated through these unprecedented challenges and remained focused on cost containment and conservation of cash. To support those objectives, we made significant progress in managing the high heritage costs that have plagued the company for many years. During the year, we successfully negotiated a modernized method to provide prescription drugs to our union retirees. We also froze the pension plan and eliminated postretirement medical benefits for our non-union workforce. These initiatives contributed to the $106.7 million reduction in associated liabilities at year end. We also successfully extended our WRI line of credit and increased our WRI term debt to significantly improve our overall liquidity. The resumption of business at the three aforementioned power plants combined with new terms on a major coal contract and the effects of our cost containment efforts should result in significantly improved results in 2010. I appreciate the tenacity that our people displayed under these difficult circumstances as well as their loyalty and support."
"The court in no way approves the conduct of Jackson Kelly lawyers before the administrative law judge, assuming the alleged misconduct to have occurred" Faber wrote in his Aug. 30, 2006 order. Faber found Jackson Kelly's 'excuses and arguments flimsy at best.'

More Content

All (16) | News (16) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0)
sort by: Date | Relevance
Form 4 WESTMORELAND COAL Co For:... [Street Insider - Mar 17 2010]
The Quant View: What the Market Wants--Wall of ... [Green Faucet - Mar 16 2010]
Will the Market Break Out This Week? [Seeking Alpha - Mar 16 2010]
Form 8-K WESTMORELAND COAL Co For:... [Street Insider - Mar 15 2010]
Form 10-K WESTMORELAND COAL Co For:... [Street Insider - Mar 12 2010]
Westmoreland Coal Investor Conference Call At 9... [RTTNews.com - Mar 12 2010]
Westmoreland Reports Year End 2009 Results [EuroInvestor.co.uk - Mar 11 2010]
Westmoreland Reports Year End 2009 Results [FinanzNachrichten.de - Mar 11 2010]
BUYINS.NET: KERX, AIRM, STEI, ZUMZ, WLB, FIZZ E... [TradingMarkets - Mar 10 2010]
MetLife to Acquire AIG's Gem (NYSE: MET, NYSE: ... [World Market Media - Mar 08 2010]
Form 4 WESTMORELAND COAL Co For:... [Street Insider - Mar 08 2010]
Form SC 13G/A WESTMORELAND COAL CO ... [Street Insider - Feb 11 2010]
Form SC 13D/A WESTMORELAND COAL CO ... [Street Insider - Feb 11 2010]
Westmoreland Coal reports big loss, problems wi... [SNL Securities - Aug 11 2009]
Jackson Kelly lawyer denies misconduct in black... [Charleston Gazette - Jun 19 2009]
Jackson Kelly faces lawsuits alleging black lun... [Charleston Gazette - Jun 16 2009]
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