Orlando, FL -- (SBWIRE) -- 10/09/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On MBIA Inc. (NYSE:MBI), Walter Energy, Inc. (NYSE:WLT).
MBIA Inc. (NYSE:MBI) shares dropped 1.45% to $10.18. The 52 week trading range for the company is $6.78 - $16.15. MBIA together with its consolidated subsidiaries, operates the financial guarantee insurance businesses in the industry and is a provider of asset management advisory services. These activities are managed through three business segments: United States public finance insurance, structured finance and international insurance, and advisory services.
Are investors worried about the recent updates with MBI? Find out with a free trend analysis HERE
Walter Energy, Inc. (NYSE:WLT) shares decreased 5.69% to $14.26. The company on Oct. 3 said that its chief financial officer, Charles Cauthen, is leaving the loan-servicing company early next year. Cauthen is expected to step down in March 2014. Walter Investment will start searching for a successor. An email requesting further detail from the company was not immediately returned.
Additionally, the company on Sept. 27 announced that it has successfully completed a Dutch Auction to repurchase and extinguish $250 million principal amount of its Term Loan A at an average price of $98.3 per $100 of principal amount plus accrued interest.
Is WLT going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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