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UPDATE 1-Ottawa should scrap railway grain revenue cap -study

2016-02-25 20:56:54| Railroads - Topix.net

Feb 25 Ottawa should phase out over seven years its cap on the amount of revenue railways can earn transporting grain, a study for the Canadian government recommended on Thursday, a move long urged by railways and opposed by farmers and grain handlers. A review of Canadian transportation laws, aimed at modernizing the system, recommended that Western Canadian grain movement become more "commercially grounded."

Tags: study update cap revenue

 

Meat Market Update | Declining prices spur increased exports

2016-02-25 16:27:00| Beef

The declining prices have spurred increased exports and out-front sales. Our latest price drop is a normal seasonal event and we are very close to the turnaround time. It appears that the Daily Spot Choice cutout is already starting the upward climb ahead of the grilling season. By Ed Czerwien, USDA Market News Reporter read more

Tags: market prices update increased

 
 

UPDATE 1-Dynegy, Energy Capital to buy Engie's US gas-fired thermal plants

2016-02-25 11:40:56| Oil & Gas - Topix.net

Feb 25 Electric power company Dynegy Inc said it will form a joint venture with Energy Capital Partners to buy French utility Engie's U.S. gas-fired thermal plants worth $3.3 billion. A deal with Engie, which is expected to generate about $90 million in annual synergies for the joint venture, will help establish Dynegy's presence in the Texas ERCOT market and increase its natural gas and combined cycle fleet.

Tags: buy update capital energy

 

UPDATE 1-ESPN, Verizon say progress made in Custom TV legal fight

2016-02-25 06:37:14| Telecom - Topix.net

Walt Disney Co's ESPN sports network and Verizon Communications Inc have made progress in their talks to settle a legal dispute over a TV package that lets customers choose bundles of channels, according to a court filing on Wednesday. The companies asked New York State Supreme Court in Manhattan to put the legal proceedings over Verizon's Fios Custom TV package on hold until March 28, according to the filing.

Tags: made legal update custom

 

UPDATE 2-Target comp sales beat shows turnaround efforts gaining traction

2016-02-25 06:16:17| Apparel - Topix.net

Feb 24 Target Corp's quarterly comparable sales beat analysts' estimates, helped by higher traffic and strong demand for goods in its higher-margin signature categories, which include apparel, products for children, and health and wellness items. The retailer, whose shares were up 1.2 percent at $74.89 in early trading on Wednesday, also forecast a higher-than-expected adjusted profit for the full year.

Tags: sales shows update efforts

 

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