4 Consumer Stock Stories for Midweek Investment Shopping

The Coca-Cola Company (NYSE:KO): Closing price $41.44

On Wednesday, a work stoppage at the Venezuelan division of Coca-Cola Femsa, which is the biggest Coke bottler in Latin America, came to its ninth day as the firm said the strike had cost it 15 percent of its expected sales for May. Around 50 workers protesting for higher wages pushed shut the gates of Femsa’s largest facility in the city of Valencia, not allowing products and personnel to enter or leave the compound. Director of Corporate Affairs, Coca-Cola Femsa Venezuela, Mariana Parma said that, “During the course of the strike, 15 percent of our sales at a national level have already been lost, what has not been sold will not be recovered,” characterizing worker demands as “crazy.”

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KO

Las Vegas Sands Corp. (NYSE:LVS): Closing price $58.71

On Tuesday, the corporation was ordered to shell out $101.6 million to the Hong Kong businessman Richard Suen, who won a trial in regards to his claims that he assisted the casino operator obtain a gaming license in Macau. In Las Vegas, Nevada, District Court Judge Rob Bare issued a decision that added $31.6 million in interest to the $70 million in damages the jury has already awarded Suen on May 14th. The latter has prevailed twice at trial on allegations that meetings he helped set up for Sheldon Adelson, Sands’ founder and controlling shareholder, with Chinese leaders in Beijing, were key in the choice of Sands by the Macau government in 2002 as a company that could own and operate casinos in the territory.

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LVS

Tata Motors (NYSE:TTM): Closing price $28.35

Jaguar has posted pre-tax annual profits up 11 percent to £1.67 billion, helping offset a 36-percent fall in profits at its parent group, Tata Motors. Meanwhile, total world sales at Jaguar Land Rover increased by 22 percent to just under 375,000 vehicles. Chief Executive Dr. Ralf Speth of Jaguar Land Rover said that the numbers exhibited an impressive demand for his firm’s products, remarking that ”We invested significantly in the product creation process, in our advanced manufacturing sites and created more than 3,000 jobs.”

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TTM

Comcast Corporation (NASDAQ:CMCSA): Closing price $40.79

The giant cable operator has won a unanimous court victory in its long-running legal battle with the independently-owned Tennis Channel. On Tuesday, the United States Court of Appeals for the District of Columbia decided that Tennis Channel had not proven that Comcast had discriminated against it by putting it in a pricey sports tier with fewer subscribers. The analyst Derek Baine at SNL Kagan said that, “This could be absolutely devastating financially to the Tennis Channel.” The new ruling reversed a finding in 2012 by the Federal Communications Commission that Comcast had illegally placed the tiny Santa Monica channel at a competitive disadvantage.

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CMCSA

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