Company news for December 26, 2013 - Corporate Summary

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•    Co-founder of BlackBerry Ltd (NASDAQ: BBRY ) Michael Lazaridis has reduced his stake in the company to a figure marginally below 5% after he sold 3.5 million shares over the last two days. The sale of shares follows the declaration of a third-quarter loss of $4.4 billion by the company in the previous week

•    Time Warner Cable Inc. (NYSE: TWC ) announced it has renewed its distribution agreement with Viacom, Inc. (NASDAQ: VIA ). The deal  enables Time Warner  to distribute all Viacom channels on its cable TV network and tablet apps

•    Westmoreland Coal Company (NASDAQ: WLB ) revealed that it has reached an agreement to purchase the coal mining operations of Sherritt International Corporation, for around $435 million. The deal will  help Westmoreland to enlarge its Western Canadian operations

•    American Express Company (NYSE: AXP ) have assented to pay a minimum of $75.7 million to close an investigation regarding deceptive marketing of certain discontinued card products



AMER EXPRESS CO (AXP): Free Stock Analysis Report

BLACKBERRY LTD (BBRY): Free Stock Analysis Report

TIME WARNER CAB (TWC): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Investing Ideas , Stocks

Referenced Stocks: AXP , BBRY , TWC , WLB

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