ABF Freights Raises Rates 5.4% (ARCB) Oct 24, 2014 04:34PM

ABF Freights, an ArcBest (NASDAQ: ARCB) company, today announced an increase in general rates and charges effective November 3, 2014.

Rates will increase by about 5.4 percent, although the effect on specific lanes and shipments will vary.

New rates will be available to customers through abf.com on or before November 3.


Trinity Industries (TRN) Subsidiary to Stop Shipments of ET-Plus System Oct 24, 2014 04:23PM

Trinity Highway Products, LLC announced today that it will stop the shipment of the ET-Plus® System until additional crash testing can be completed.

The Federal Highway Administration (FHWA) recently requested additional crash testing of the ET-Plus® System in support of its ongoing evaluation of the ET-Plus® System. The Company will continue working with FHWA related to further testing and will stop shipment of the product until requested testing is completed.

"In light of FHWA's request, the right thing to do is to stop shipping the product until the additional testing has been completed," said Gregg Mitchell, President, Trinity Highway Products, LLC. "We have confidence in the ET-Plus® System as designed and crash tested by Texas A&M Transportation Institute. It has met all tests previously requested by FHWA. We take the safety of the products we manufacture very seriously," Mitchell said.

Trinity Highway Products, LLC is a subsidiary of Trinity Industries, Inc. (NYSE: TRN).


Blackhawk Network (HAWK) Complets Parago Acquisition, Credit Facility Expansion Oct 24, 2014 02:06PM

Blackhawk Network (Nasdaq: HAWK) announced it has completed the acquisition of Parago, Inc., as previously described in its September 25, 2014 press release. Parago will operate as a subsidiary of Blackhawk Network and will remain headquartered in Dallas, Texas. Juli Spottiswood of Parago will lead Blackhawk's incentive business and report to Talbott Roche, Blackhawk Network president.

Separately, Blackhawk Network completed a $200 million expansion of its existing credit facility. The total aggregate principal amount of the facility following the expansion is $725 million, including term loans outstanding of $375 million following the completion of the acquisition, revolving loans up to $250 million, of which $50 million was outstanding following the completion of the acquisition, and a facility that provides up to $200 million for letters of credit, of which $47 million are currently outstanding.


Deutsche Bank (DB) Expects Q3 Litigation Costs of EUR 894M Oct 24, 2014 12:55PM

Deutsche Bank (NYSE: DB) today announced that it expects to publish litigation costs of EUR 894 million for the third quarter 2014.

The litigation costs for the third quarter, which are for a number of items, are largely not tax-deductible.

Deutsche Bank plans to publish its unaudited third quarter 2014 financial results as scheduled on Wednesday, October 29, 2014.


SodaStream (SODA) Confirms 'Small-Scale' PepsiCo (PEP) Test Oct 24, 2014 11:50AM

SodaStream International (NASDAQ: SODA) just confirmed earlier reports that it has struck a deal with Pepsi (NYSE: PEP), calling the deal a 'small-scale, limited time test.'

In an SEC filing, the company said:

Further to press reports that were published today, SodaStream International Ltd. (the “Company”) confirms that as the leader of the at-home, make-your-own beverages, category it has entered into an agreement with PepsiCo, Inc. (“PepsiCo”) specifically focused on a small-scale, limited time test to make certain of PepsiCo’s brands available for use on the Company’s system. The limited test is scheduled for later this year. Consistent with the Company's practice to date, the Company is also exploring multiple relationships with other leading beverage brands.

Exceptionally, the Company would like to stress that this is a limited test and that there are currently no discussions between the Company and PepsiCo concerning any other form of broader business collaboration. Following this report and consistent with past practice, the Company undertakes no obligation to provide any updates and will not comment on rumors or speculation.

The Company is issuing this Form 6-K out of an abundance of caution to ensure that investors are aware of the press reports and consider them in the context of the above statements.


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