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Toyota Motor Corp (ADR) (NYSE:TM) is in the spotlight after the Associated Press reported that the Japanese automaker will pay up to a max of $3.4 billion to settle a class action lawsuit concerning 1.5 million U.S. trucks including the 2005-2010 Tacoma and 2005-2008 Sequoias. Lawyers sued Toyota due to the claim that corrosion negatively affected the structural integrity of the trucks. 13 top funds had a bullish position in Toyota Motor Corp (ADR) (NYSE:TM) at the end of June.

Although the stock hasn’t shown very much volatility today, traders are watching The Coca-Cola Co (NYSE:KO) after the Telegraph published a column speculating that Coca-Cola could be one of the potential take-over targets for Anheuser-Busch InBev, which is purportedly looking at several different beverage companies. One reason the Telegraph thinks that Anheuser-Busch InBev might be interested in Coca-Cola Co is due to the ‘2020 Dream Incentive Plan’ where in four years, 65 top managers in Anheuser-Busch InBev are eligible for a cumulative bonus of $350 million if the company reaches $100 billion in annual revenues. Currently, the company is only at $55 billion when factoring in the purchase of SABMiller. 55 elite funds were long The Coca-Cola Co (NYSE:KO) at the end of June, down 7 funds from the previous quarter.

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