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Citi Ups Kellogg To Buy, Finally - Back On Track'

2015-08-05 23:30:42| Agriculture - Topix.net

Analyst David Driscoll upped his rating on the stock to Buy from Neutral and increased his target price by $14, to $80. He writes that the upgrade comes given his "renewed confidence" in Kellogg's ability to return to a growth trajectory next year and beyond, thanks to incremental cost savings from its newly announced ZBB program and improving revenue trends.

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U.S. Toy Makers Finally Begin Courting Hispanic Consumers

2015-08-04 05:58:11| Toys - Topix.net

When you walk down the toy aisles of any major retailers, you will get the impression that North America's population is totally white. Yes, there is the occasional, very occasional, brown doll or the toy box that features kids other than lily-white ones but basically, these are just token nods to the fact that perhaps not everybody is of English or German stock.

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Direct Tire finally ready to expand

2015-07-23 19:06:22| Auto Parts - Topix.net

After nearly 18 years operating four stores in the Boston metro area, Direct Tire & Auto Service is preparing to build a fifth store. The Watertown-based dealership said it is planning to break ground either this week or next for a 7,300-sq.-ft., eight-bay store in Medway, a suburb southwest of Boston.

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POSCO Finally Throws In The Towel On Its India Steel Venture; A 'Lost Cause,' Indeed

2015-07-23 17:21:40| Steel - Topix.net

Normally, when a project of this size is called off, it sends ripples throughout the entire steel sector, and even negatively affects the stock market. Yet, when a few days ago, South Korean steelmaker POSCO let it be known that it had decided to put its much-vexed $12 billion project to build a steel plant in India's iron ore-rich state Odisha on hold, the reaction in India as well as globally was muted.

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Glut of Gas Heading South as Shale Boom Finally Reaches Florida

2015-07-23 10:34:27| Oil & Gas - Topix.net

Pipeline expansions by Williams Cos., Kinder Morgan Inc. and Spectra Energy Corp. will carry shale gas from the Marcellus reservoir to southern states as early as the fourth quarter. That'll narrow the premium for gas in the Southeast to as little as 30 cents per million British thermal units from more than a dollar versus the Northeast, Genscape Inc. and Tudor Pickering Holt & Co.

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