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Shareholder Whacks Kansas City Southern
2014-06-10 16:43:48| Railroads - Topix.net
Kansas City Southern officers exposed the company to hundreds of millions of dollars of losses by "breaches of fiduciary duties and violations of law," a shareholder claims in a derivative lawsuit.
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Demand Whacks Cattle Prices
2013-02-23 04:53:00| Beef
Nearly a month after shuttering its Plainview, TX, packing plant, Cargill looks more than prescient. Based on carcass cutout values and weekly boxed beef sales, consumers have little appetite for more beef at higher prices (see "Beef Consumption-Demand Struggle"). Boxed-beef cutout value traded either side of even and about $20/cwt. shy of getting close to packer and feedlot profitability by many estimates. read more
Tags: prices
demand
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whacks
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