Stocks Buzz: MeadWestvaco Corp, Charter Communications, Westport Innovations Inc, the Goodyear Tire & Rubber Company

Dallas, TX -- (SBWIRE) -- 03/22/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

MeadWestvaco Corp.(NYSE:MWV) shares dropped 3.24% and closed at $36.77. The company, on Mar. 13, announced that its Avive® multiple-medication patient adherence solution received the Compliance Package of the Year award from the Healthcare Compliance Packaging Council (HCPC). Patient adherence to prescribed medication regimens is a global challenge, and research shows that approximately half of all patients across the globe do not take their medicines as directed.

Get Latest News, Updates on MWV Here

Charter Communications, Inc. (NASDAQ:CHTR) shares fell 3.22% to $102.36. John Malone’s Liberty Media Corp. (LMCA) is close to a deal to acquire 25 percent of Charter Communications Inc. (CHTR) from its private-equity investors, according to a person familiar with the situation on Mar. 19. The firms include Apollo Global Management LLC (APO) and Oaktree Capital Management LP, Charter’s largest shareholders, said the person, who asked not to be named as the process is private. The stake was worth $2.48 billion at today’s closing price.

Is CHTR a Strong Buying Opportunity After The Recent Slump? Find out Here

Westport Innovations Inc. (USA) (NASDAQ:WPRT) shares decreased 3.22% to $29.75. The company on Mar. 7 reported financial results for the fourth quarter and year ended December 31, 2012 and provided an update on operations. For the quarter ended December 31, 2012 Westport reported a net loss of $37.6 million or $0.68 per share compared to $14.5 million or $0.30 per share for the same period last year. For the year ended December 31, 2012 the company reported a net loss of $98.8 million or $1.83 per share compared to $60.2 million or $1.26 per share for the same period last year.

Is WPRT Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

The Goodyear Tire & Rubber Company (NASDAQ:GT) shares dropped 3.17% to $12.99. The company on Feb. 21 said that it has priced its offering of $900 million aggregate principal amount of 8-year senior notes. The offering was increased from a previously announced offering size of $750 million. The notes are senior unsecured obligations of the company. They will be sold at 100% of the principal amount and will bear interest at a rate of 6.5%.

Get latest News, Updates on GT Here

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