3 Consumer Stock Stories for Weekend Perusal

United Parcel Service (NYSE:UPS): Closing price $85.71

On Friday, UPS said that it has reached a tentative accord with the International Brotherhood of Teamsters on two, new five-year contracts in the small package and freight business divisions. The tentative contracts are required to be presented to the UPS Teamster-represented employees for ratification, and were finalized far in advance of the July 31 expiration of the current contracts. Chairman and Chief Executive Scott Davis commented, “These agreements are a win-win-win for our people, customers and shareholders. The fact that we have reached agreements well before our current contracts expire is a testament to the skills and determination of all those involved in these negotiations.”

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

UPS

Time Warner Cable (NYSE:TWC): Closing price93.43

The New York Post is reporting that Time Warner is distancing itself from discounted “triple play” packages so as to gain more money from customers. Distinct from the rest of the industry, the firm will end promotional pricing for all three services, TV, Internet and phone, and begin charging customers more for the services they prefer, like faster Internet speeds and DVR service. The number-two cable TV operator also wants Wall Street to no longer count subscribers and focus rather on the amount of revenue it gets per customer, a it continues to lose traditional TV and phone customers while more sign up for its high-speed Internet service.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

TWC

Goodyear Tire & Rubber Company (NASDAQ: GT): Closing price $12.51

The company has posted sales figures for the first quarter of 2013 compared year-over-year to 2012. Sales came to $4.9 billion, compared to $5.5 billion a year ago. First quarter 2013 sales are moderated by $364 million in lower tire unit volumes; $178 million from lower sales in other tire-related businesses, especially third-party chemical sales in North America, and $115 million in unfavorable foreign currency translation. Tire unit volumes stood at 39.5 million, which was down by 8 percent from 2012, mostly reflecting lower volumes in Europe.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

GT

Don’t Miss: Are Consumers Growing More Pessimistic About the Future?

More Articles About:   , ,  

More from The Cheat Sheet