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UPDATE 1-Coal miner Walter Energy files for bankruptcy

July 15- Walter Energy Inc filed for bankruptcy protection on Wednesday, becoming the latest coal miner to do so as they struggle with a steep fall in prices since 2011.. Walter Energy, which has coal mines in Alabama and West Virginia, said terms of the restructuring assume senior lenders will convert all of their debt into equity. Walter Energy had total debt of...
Source: Reuters
Coal miner Walter Energy files for bankruptcy

July 15- Coal miner Walter Energy Inc filed for bankruptcy protection on Wednesday after struggling with a steep fall in coal prices since 2011.. The Birmingham, Alabama- based company said its U.S. units have filed for a prepackaged Chapter 11 bankruptcy protection, but its other operations including those in Canada and the UK are not included in the filings.
Source: Reuters
Wall Street set to stumble on Greek 'no' vote

U.S. stocks were expected to open lower on Monday on fears of a possible Greek exit following a 'No' vote in a referendum on Greece's bailout terms.
Source: CNBC.com | By: Dhara Ranasinghe