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Canadian wax supplier denied early exit from Kellogg v. Flexible Packaging Corp. court case

2014-10-07 21:00:17| Agriculture - Topix.net

A US federal court has denied The International Group's motion for summary judgment in a case alleging the wax maker and FPC provided Kellogg with non-merchantable cereal bags. Kellogg Company filed a lawsuit in a Michigan federal court against the Canadian packaging company in 2011, over allegations its tainted packaging cost the food giant millions of dollars and forced it to issue a nationwide recall of breakfast cereals.

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Boyd Gaming Corp. joins mobile wagering trend

2014-10-07 17:07:51| Trucking - Topix.net

Bob Scucci can recall an era when Nevada's race and sports books displayed signs banning cellular telephones. If the signs were still in place today, the casinos would be giving away a growing chunk of revenue.

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Stocks On the Move: Alcobra Ltd, Deckers Outdoor Corp, and GT Advanced Technologies Inc

2014-10-07 17:07:09| Footwear - Topix.net

Earlier, in fact, the stock hit a record low of $6.16, and landed on the short-sale restricted list. These developments are likely music to the ears of short sellers .

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Barclays Reaffirms "Overweight" Rating for Norfolk Southern Corp.

2014-10-07 05:35:53| Railroads - Topix.net

's stock had its "overweight" rating reissued by equities research analysts at Barclays in a research note issued to investors on Monday. They currently have a $126.00 target price on the stock, up from their previous target price of $125.00.

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CalAmp Corp. (CAMP) Updates Q3 Earnings Guidance

2014-10-06 23:34:58| Electronics - Topix.net

CalAmp Corp. issued an update on its third quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $0.21-0.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.24, AnalystRatings.Net reports.

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