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Wednesday 29 April 2015
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Downward Momentum Stocks: Humana Inc (NYSE:HUM), Nordic American Tanker Ltd (NYSE:NAT), Whole Foods Market, Inc. (NASDAQ:WFM), Walter Energy, Inc. (NYSE:WLT)

On Wednesday, Humana Inc (NYSE:HUM)’s shares declined -1.57% to $176.73.

Humana Inc (HUM) will release its financial results for the first quarter 2015 (1Q15) on Wednesday, April 29, 2015 at 6:00 a.m. eastern time. The company will host a conference call, in addition to a virtual slide presentation at 9:00 a.m. eastern time that morning to talk about its financial results for the quarter and earnings guidance for 2015.

Humana Inc., together with its auxiliaries, operates as a health and well-being company. The company operates through three segments: Retail, Employer Group, and Healthcare Services.

Nordic American Tanker Ltd (NYSE:NAT)’s shares dropped -1.56% to $12.64.

Nordic American Tanker Ltd (NAT) has declared a cash dividend of $0.38 per share for 1Q2015. The cash dividend for 4Q2014 was $0.22 per share. The record date is May 7, 2015 and the payment date is on or about May 21, 2015. There are 89,182,001 shares in issue.

The 1Q2015 earnings report is predictable to be released Monday May11, 2015 before NYSE opening.

Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, counting two new buildings under construction. The company was founded in 1995 and is based in Hamilton, Bermuda.

At the end of Wednesday’s trade, Whole Foods Market, Inc. (NASDAQ:WFM)‘s shares dipped -1.53% to $50.21.

Whole Foods Market, Inc. (WFM) declared it will issue financial results for the Company’s second fiscal quarter ending April 12, 2015, after the market closes on Wednesday, May 6, 2015. Following the release via the wire services, the Company will host a conference call with financial analysts and investors from 4:00 - 4:45 p.m. (CT).

Whole Foods Market, Inc. operates as a retailer of natural and organic foods. The company’s stores offer produce and floral, grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, and body care products, in addition to lifestyle products, counting books, pet products, and household products.

Walter Energy, Inc. (NYSE:WLT), ended its Wednesday’s trading session with -1.54% loss, and closed at $0.640.

Walter Energy, Inc. (WLT) said that it is working with its debtholders to establish a capital structure that will position the Company to weather a highly competitive and challenging market. In the context of these talk about, the Company has elected to exercise the 30-day grace period under its indenture contracts with holders of its 9.5% Senior Secured Notes due in 2019 and the 8.5% Senior Notes due in 2021 to extend the timeframe for making the cash interest payments due recently.

The Company emphasized that this decision does not reflect a current liquidity issue, as it had about $435 million of cash and investments as of March 31, 2015. Walter Energy will continue to deliver high quality met coal to customers and meet its other obligations as it works with its debtholders to address the Company’s capital structure.

Walter Energy, Inc. produces and exports metallurgical coal for the steel industry. It operates through two segments, U.S. Operations, and Canadian and U.K. Operations. The company also extracts, processes, markets, and/or possesses mineral reserves of thermal coal and anthracite coal, in addition to produces metallurgical coke and coal bed methane gas.

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