UPDATE: Walter Energy Posts Q4 Net Loss

Walter Energy

reported a wider loss in the fourth quarter. Walter Energy posted a quarterly net loss of $174.3 million, or $2.79 per share, versus a year-ago loss of $71 million or $1.13 per share. Its total revenue dropped around 1% to $472 million. Walter Energy shares gained 3.35% to $11.43 in pre-market trading.