ConAgra Foods, Inc. (NYSE:CAG) gets hit by another legal issue as the U.S. appeals court revived a lawsuit, filed against it over the disclosure of the amount of sodium on its labelling of sunflower seeds packages. San Francisco based 9th U.S. Circuit Court of Appeals noted that the federal law does not prevent claims to be made for the disclosure of sodium content on the food labels. In response, ConAgra Foods, Inc. (NYSE:CAG) said that whey do not comment on pending lawsuits, but maintained on their accuracy of labelling and the quality of food. ConAgra Foods, Inc. (NYSE:CAG) stock opened at $28.36 in last session, and closed at $28.26, while the day range of CAG stock is $28.09-$28.43.The stock showed a negative weekly performance of -1.05%.
Swift Energy Company (SFY) declared a net loss for the fourth quarter of 2013 of $41.8 million, or $0.96 per diluted share, which includes a non-cash ceiling test write-down of its oil and gas properties of $73.9 million (pre-tax). Swift Energy Company (NYSE:SFY) stock opened at $9.50, in last session and closed at $9.94, by loosed -16.05%.The 52 week range was $8.80-$16.88.Company’s market capitalization is $431.35 million.
A number of research firms have recently commented on Walter Investment Management Corp (NYSE:WAC). Analysts at Ned Davis Research downgraded shares of Walter Investment Management Corp. from a neutral rating to a sell rating in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. Walter Investment Management Corp. presently has a consensus rating of Hold and a consensus price target of $44.10.Walter Investment Management Corp (NYSE:WAC) stock loosed -8.42% and finished the last session at $25.90.The EPS of the stock remained 5.39. Company’s market capitalization is $958.67 million.
Moscow, Russian Federation – Mobile TeleSystems OJSC ( NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announced its new 3D Strategy at its Investor Day 2014, which is being held in Moscow.Mobile TeleSystems OJSC (ADR) (NYSE:MBT) stock opened the session at $17.07, and closed the session at $17.32. The 52 week range of the MBT stock remained $16.51-$24.06 and the day range was $16.51-$17.35.
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