4 Consumer Stock Stories for Savvy Weekend Investment Shopping

Best Buy Co. (NYSE:BBY): Closing price $30.37

Best Buy launched a new iPhone deal on Friday — “Get a minimum $200 Best Buy gift card when you trade in your working iPhone 4S or a $100 Best Buy gift card when you trade in your working iPhone 4 and use it toward the purchase of your iPhone 5 with 2-year agreement.” However, shares closed down almost 1.5 percent on the day.

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General Motors Co. (NYSE:GM): Closing price $34.38

GM said Friday that is recalling close to 293,000 Chevrolet Cruze compact cars in the United States due to the possibility that the power-assisted brakes could fail. The iconic automaker says that the recall affects Cruzes built in Lordstown, Ohio, from the 2011 and 2012 model years. The cars contain 1.4-liter turbocharged gasoline engines and 6T-40 six-speed automatic transmissions. GM reported that the power brake boosters can fail and in rare circumstances, drivers might have to put extra pressure on the pedals to stop the cars. So far, brake problems have caused 27 low-speed crashes but no injuries.

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Canadian Pacific Railway Ltd. (NYSE:CP): Closing price $122.03

The railway insists that it holds no financial responsibility for the rail disaster at Lac-Mégantic, and has refuted a legal demand by the Quebec government that it must help pay for the cleanup in the devastated town. Canadian Pacific said Thursday that it will appeal the province’s legal order. The news came one day following the provincial government adding the railway to a list of defendants it says are responsible for paying for the massive cleaning job in Lac-Mégantic where a train derailed on July 6 and dumped millions of liters of crude oil into the environment. Railway spokesman Ed Greenberg reported on Thursday that, “Canadian Pacific has reviewed the notice. As a matter of fact, and law, CP is not responsible for this cleanup.”

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Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR): Closing price $76.38

The Vermont-based coffee company will become a component of the NASDAQ-100 Index, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Ex-Tech Sector Index before the open on Thursday, August 22, replacing Life Technologies Corporation.

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GMCR-20130816

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