Consumer Stock Stories For Tuesday Shares Shopping

General Motors Company (NYSE:GM): Closing price $31.65

The iconic carmaker is expanding warranty coverage to Cadillac’s certified pre-owned vehicles and is also adding benefits to entice new buyers. Overall warranty coverage on certified pre-owned Cadillacs is being extended from the original factory warranty of four years or 50,000 miles, to six years or 70,000 miles. Cadillac spokesman David Caldwell said on Monday that the coverage is more comprehensive than what is being offered by competitors BMW, Lexus and Mercedes-Benz. However, they offer more mileage, up to 100,000 with a limited warranty, although some do not transfer the warranty to a new owner as will Cadillac.

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GM

Target Corporation (NYSE:TGT): Closing price $70.55

The big retailer will launch 22 stores across western Canada on Tuesday, and another two stores next week, as its international expansion goes forward. The Wall Street Journal says that 10 Targets will open in Alberta Tuesday, 9 in British Columbia and three in Manitoba. A location in Prince George, British Columbia, and another in Calgary will open next week. Target opened dozens of stores in eastern Canada in March and experienced a crushing demand there; in 2013 alone, the company intends to open 124 Canadian stores.

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TGT

Time Warner (NYSE:TWX): Closing price $61.52

Three years from now 2016, TBS, which is owned by Time Warner, will broadcast the NCAA college basketball championship game as a part of its arrangement to share rights to the sports property with CBS. Additionally, TBS will carry for the first time the Final Four semifinal game in 2014 and 2015. However, CBS will broadcast the championship game for both of those tournaments. Beginning in 2017, TBS and CBS  coverage will alternate between the Final Four and the championship game, with CBS will having both in 2017.

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TWX

Abercrombie & Fitch (NYSE:ANF): Closing price $52.07

Shares were upgraded at Wells Fargo (NYSE:WFC) from Market Perform to Outperform with a price target between $56 and $60. Analysts commented that, “With trends now stabilizing, we believe there is significant room for EBIT margin improvement, driven by the U.S. business. Internationally, we believe ANF’s opportunities remain attractive, led by mall-based Hollister.”

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ANF

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