4 Consumer Stock Stories for TGIF Reading

Tyson Foods (NYSE:TSN): Closing price $24.03

The United States government and the firm announced Friday that Tyson will pay around $4 million in civil penalties to resolve allegations in regards to eight accidental anhydrous ammonia releases which caused multiple injuries and one death during four years. The settlement, which concluded a federal lawsuit filed in St. Louis by the Environmental Protection Agency, concerned alleged Clean Air Act violations at Tyson sites in Missouri, Kansas, Iowa and Nebraska. Still to come is a 30-day public comment period and an okay by a federal judge.

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

TSN

Best Buy Co. (NYSE:BBY): Closing price $25.45

The electronics retailer intends to create store-within-store kiosks for Samsung products, representing a vote of confidence from a major consumer electronics store that the brick-and-mortar format remains an important venue through which sell products, said the Associated Press. Recently, Best Buy has suffered the “showrooming” effect as increasing numbers of shoppers browse in stores and then buy the items cheaper online, which has led to fears that the big-box store format is becoming obsolete. But this company has aggressively fought back under new turnaround expert Chief executive Hubert Joly, who debuted an online price-matching policy, allowing employees extra training while lowering costs and revamping stores.

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

BBY

The Walt Disney Company (NYSE:DIS): Closing price $57.70

Late Thursday, Reuters reported that Disney will lay off workers at its film studio and also in its consumer products division inside of  two weeks in an endeavor to reduce costs. The layoffs will be mostly from marketing and home video at the studio, with a lesser number coming from animation, said anonymous sources to the Reuters report. The step results from an internal audit ordered by Chief Executive Bob Iger, who is searching out cost-saving measures so as to boost profits; however, the Reuters report did not indicate how many jobs are being threatened.

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

DIS

Honda Motor Co. (NYSE:HMC): Closing price $38.60

On Thursday, Honda told the transport ministry of Japan that it is recalling 145,573 of its Vamos, Vamos Hobio and Z cars because of an engine parts defect that could cause a fire, said Japan Times. Vehicles in the recall are vehicles of those three models produced between October 1998 and August 2010. The recall iresponds to nine cases of fires that began around the vehicles’ exhaust pipes between January 2009 and last June, according to the Ministry of Land, Infrastructure, Transport and Tourism, a rubber seal deteriorated, letting oil leak in some vehicles.

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

HMC

Investing Insights: Can Altria Group Reach New Highs?

More from The Cheat Sheet