Toyota’s Pickup Problems, Green Mountain’s K-Cup Dilemma, and 3 More Hot Stocks
Toyota Motor Corp. (NYSE:TM): As the U.S. debates ending a 50-year old tariff on pickup trucks, as analysis shows that the program is resulting in higher costs for consumers. Companies like Toyota and Nissan (NSANY.PK) have dodged the charges put on foreign manufacturers by building their vehicles stateside, while the tariff is now seen as being responsible for an unnecessary premium on pickups because the American brands “lack of true market competition.” Separately, Toyota has announced the discontinuation of its regular cab Tacoma pickup, as the small-pickup market continues to shrink.
Green Mountain Coffee Roasters (NASDAQ:GMCR): Green Mountain shares are down ever so slightly, after getting the Barron’s treatment over the weekend. The article in question said that Green Mountain’s profits may come under pressure, “if its slice of the overall K-Cup pie shrinks.” The company says that unlicensed K-Cup products will only command 5 percent of the market this year, though Nielsen data obtained by Wells Fargo seems to suggest unlicensed products are gaining share faster than the coffee company thinks.
Veolia Environment (NYSE:VE): Net profit of 4 million euros ($5.3M) came in well under the 162 million euros a year earlier, and versus the consensus of 106 million in reflection of a provision of 48 million euros for German waste activities, and another 17 million euros for restructuring efforts at the company’s headquarters. However, adjusted net income came in at 131 million euros, in contrast to 18 million last year.
Royal Dutch Shell (NYSE:RDSA): In the wake of a rather disappointing earnings report, Shell has renewed its commitment to North Sea production: “We’re investing 2 billion [pounds] a year in the North Sea, either in new developments or refurbishment of existing activities to re-life them for the next 10 and 20 years,” Shell UK chairman Ed Daniels told the Telegraph. “We see that there is a material presence for Shell in the North Sea for years to come. I think the North Sea as a province has decades of activity.”
Lockheed Martin (NYSE:LMT): Lockheed is reportedly working on developing a “universal, highly adaptable, and affordable mission equipment package” for the U.S. Army’s next-generation of helicopters. The initiative would produce cockpit equipment, electronics, and weapons that will be able to be used on any helicopter that is designed for the new program. Lockheed says that this approach will save money and time, and make future upgrades easier.
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