4 Consumer Stock Stories Ready for Savvy Investment Shopping
Amazon.com Inc. (NASDAQ:AMZN): Closing price $312.06
Starting on Thursday, hundreds of German employees at two of Amazon.com’s German facilities are walking off their jobs for three days, representing the latest in a series of stoppages aimed at pressing the online retailer to settle a wage dispute. Union negotiator Bernhard Schiederig in a press release at Amazon’s site in Bad Hersfeld, remarked that, “We can’t accept that Amazon won’t adopt collective bargaining, gaining a competitive advantage at the expense of employees.”
Yum! Brands Inc. (NYSE: YUM): Closing price $72.73
Yum! said that its board confirmed a 10-percent hike in the firm’s quarterly dividend. The quarterly cash dividend will increase from 33.5 cents to 37 per share, and will be effective with the dividend payment to be distributed on November 1 to shareholders of record at the close on October 11. This increase elevates the annual dividend rate to $1.48 per share.
The Walt Disney Co. (NYSE:DIS): Closing price $65.72
Some analysts might be prompted by Disney’s surprise decision to push back the release of two Pixar films to revise their earnings estimate for the mass media major. On Wednesday, the company announced that it will postpone the release of its next Pixar film, The Good Dinosaur, by a year and a half out to November 2015. Beyond that, it will also delay the release of Finding Dori by seven months to June 2016.
Kohl’s Corp. (NYSE:KSS): Closing price $52.83
It was announced that Kohl’s Department Stores will hire 53,000 workers to handle demand through the end of 2013. The retailer said that it will bring in an average of 40 associates per store through the last of December. That count does not include the approximate 6,400 seasonal positions the chain intends to fill at distribution centers, and another 350 temporary credit operations personnel will be hired to help with Kohls.com orders.