Tampa-based Walter Industries Inc. expects to complete the spinoff of its financing business by Friday, the company said. This comes after a vote Wednesday by shareholders of Hanover Capital Mortgage Holdings to merge with Walter Investment Management LLC. A favorable ruling by the Internal Revenue Service related to the deal helped satisfy conditions for the closing. ...more

April 16, 2009

After years of losing money and an unsuccessful bid to find a buyer, a long-time Tampa home building company is calling it quits. ...more

January 7, 2009

Tampa-based Walter Industries Inc. announced today that it is closing its Jim Walter Homes subsidiary, which means the loss of 230 jobs nationwide, including 45 in Tampa. ...more

January 6, 2009

Tampa-based Walter Industries Inc. said this morning that it has bought a coal producer in Alabama for $23.5 million. ...more

September 8, 2008

Walter Industries Inc., a leading coal producer, said today that earnings nearly tripled in the second quarter, driven primarily by skyrocketing coal prices. ...more

July 29, 2008

Coal mining has never been more lucrative. The price of coal, a major ingredient in the production of electricity and steel, has doubled since January, pushing the stock prices and earnings of U.S. coal producers to new highs. ...more

June 5, 2008

Shares in Walter Industries Inc. rose 7.74 percent Friday after the company reported expectations of record earnings, record coal sales contracts and additional steps that could lead to selling the financing and home building businesses. ...more

May 3, 2008