Company Name:

• CST Brands, Inc. (Ticker symbol CST)

• KarAuctionServices,Inc.(TickersymbolKAR)

PUBLIC PERCEPTION AND RECENT RESULTS

Regardless of the on paper financial strength of a company, decisions are often made based on the public perception of a company. A rumor within the financial industry may make it difficult for a company to obtain a loan. Negative publicity may force other companies and private citizens to stop doing business with a company. Even a company who performed well, but missed analyst projections, may see a drop in public confidence and a reduction in stock value. Yahoo finance is a great source for research. Based on current research, answer the following questions:

BASED ON THE FINDINGS:

1. How has public perception positively or negatively affected the companies?

2. What, if anything, has the company done to counter any negative sentiment that may exist?

3. How, if at all, has the company capitalized on any positive perceptions that may exist?

Finally, obtain the most recent financial reports filed with the SEC (10-Q) by each of the two companies and evaluate recent performance. Answer the following questions:

4. Since the 10-K filing analyzed in the previous Sections, how have each of the two companies generally performed?

5. Were there any noteworthy disclosures in the most recent filings?

BASED ON FINDINGS

6. How has each of the companies stock performed over the last 24 months?

7. Would you say the company has positive or negative momentum moving in to the close of its next fiscal year?

8. Would you change any of your conclusions or recommendations from the previous section based on current financial information?

Please cover all the questions above and at least two pages long. Thank you !