4 Consumer Stock Stories for Wise Investment Shoppers
Time Warner (NYSE:TWX): Current price $52.68
On Tuesday, Eric Kessler of HBO said that finally, its subscribers will be enabled to stream programming from an iPhone or iPad onto their television through AirPlay.
Burger King Worldwide (NYSE:BKW): Current price $16.16
In an endeavor to play catchup with McDonald’s Corporation, Burger King is presently adding lattes and flavored coffee to its menu. It is necessary for the latter to find ways to widen its appeal to other segments than its core 20-something male customer, and modifying its repertoire with salads and fruit smoothies only goes so far. Burger King said that it is doubling its coffee lineup to include 10 items like flavored iced coffee and vanilla lattes.
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Ford Motor Company (NYSE:F): Current price $13.01
Ford’s Chief Operating Officer, Mark Fields, has told faculty and students at the University of Michigan’s Ross School of Business that his company is ready to move quickly if a spike in demand for diesel-powered automobiles should develop, saying that, “If we see diesels start to take off here in the United States, we can react very quickly.” Fields went on to attribute such production flexibility to the fact that Ford already sells diesel-powered vehicles in other regions, especiallly Europe, and also to the company’s worldwide platform strategy.
Avis Budget Group (NYSE:CAR): Current price $23.23
Avis Budget Group and Zipcar (NASDAQ:ZIP) report that the waiting period under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired on February 11th in conjunction with Avis Budget’s previously announced agreement to purchase Zipcar. The closing of the transaction remains subject to approval by Zipcar shareholders and United Kingdom competition authorities and should be completed in March or April.
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