Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
By Drew FitzGerald Walter Energy Inc. (NYSE:WLT) Shares fell 3.7% to $56.60 after hours. The stock is off 57% over the past 12 months. Walter didn't issue a new fourth-quarter earnings target but said it expects results to come in beneath the low end of…
