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Monday P.M. Report

European animal-I.D. laws drive demand for Digital Angel: Digital Angel Corp.said today that its animal-identification tags are “experiencing significantly higher demand” in several European countries as a result of new animal health and food safety regulations there. The South St. Paul-based company said sales of its products in the United Kingdom and the Netherlands have more than doubled from a year ago during the first half of 2010. Read full story

Best Buy settles Ultimate Electronics advertising lawsuit: Best Buy will withdraw its unfair advertising lawsuit against Colorado-based Ultimate Electronics, attorneys for both companies said in a joint filing Friday. The Richfield-based electronics retailer and Ultimate Electronics agreed to resolve the suit after Ultimate stopped claiming it price-shopped Best Buy and other retailers daily to offer lower prices. The filing acknowledges that Ultimate ended those advertisements “without admitting any liability.” Read full story

Schwan’s cuts sodium levels in school pizzas: Schwan’s Food Service Inc.’s Big Daddy’s line of school pizzas will cut sodium levels this fall by 15 to 25 percent, compared with the end of last school year, the subsidiary of Marshall-based Schwan Food Co. announced today. Schwan’s is the largest supplier of pizza to the National School Lunch Program and works with about three-quarters of the nation’s schools, both public and private. Read full story

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