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Non-Tech : Walter Industries (WLT) A Turnaround
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To: leigh aulper who wrote (24)7/2/2001 11:23:18 AM
From: Dorine Essey   of 39
 
WALTER INDUSTRIES INC. (NYSE:WLT) ROSE $0.99, OR 8 PERCENT, TO
$12.89
*he Tampa, Florida-based diversified manufacturer said on
Monday it has canceled plans to sell its JW Aluminum subsidiary
because it did not receive an acceptable offer.
Walter also raised its second-quarter earnings estimates to
29 cents to 32 cents per share, better than the 21 cents
estimate by analysts as polled by Thomson Financial/First Call,
due to productivity improvements across all its businesses.
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