Investors Watch List: Walter Energy, Inc. (NYSE:WLT) and AmTrust Financial Services Inc. (NASDAQ:AFSI)
New York, NY – (Net PR News) – 04/22/2013–smartOTCis the premiere destination for Investors and novices alike who wish to receive information on fast moving OTC stocks and undiscovered companies. Most of these companies are considered penny stocks and trade on the Pink Sheet or OTC BB market. Our daily alerts help investors cut their research time in half as we send out small cap and penny stock alerts that are displaying signs of a potential rally.
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SmartOTC brings a special trend analysis of these stocks: Walter Energy, Inc. (NYSE:WLT) and AmTrust Financial Services Inc. (NASDAQ:AFSI)
The insurer, AmTrust Financial Services Inc. (NASDAQ:AFSI), reported on Monday that it has finished its takeover of Sequoia Insurance Co. for almost $60 million.
AmTrust (AFSI) reported that Sequoia gives low hazard property and casualty insurance, consisting of workers’ compensation and commercial package insurance, to small businesses. It had $40 million in gross written premiums last year, as per reported by AmTrust.
How AmTrust Financial Services gained investors attention? Find out here
Amtrust is a New York-formed multinational insurance firm. Stock of New York-based AmTrust ended at $32.69 a share Friday.
Audley Capital Advisors LLP (consisting of a few associated funds and investment vehicles, “Audley Capital”) on Monday demanded shareholders to vote the GOLD proxy card to nominate its five highly-skilled, experienced nominees for election to the Board of Directors of Walter Energy, Inc. (NYSE:WLT) (“Walter Energy” or “the Company”) at the Company’s forthcoming 2013 Annual Meeting of Stockholders on April 25, 2013.
How Audley Capital Advisors attained investors hot stock list? Find out here
Additionally, Audley Capital reminded shareholders of a few of the decisions of the present Board that it thinks have proven tremendously damaging to shareholder worth.
Audley Capital demands shareholders to vote to remove a few of Walter Energy Board members, consisting of Chairman Michael T. Tokarz, Jerry W. Kolb, Joseph B. Leonard, Bernard G. Rethore and A.J. Wagner, to reinstate confidence in the direction of the firm.
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