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Wednesday P.M. Report

Swanson to join foreclosure probe, study says lead found in Target, Walmart kids’ products, Digital Angel hires investment bank to review “alternative strategies,” and Vikings rank eighth in popularity.

Swanson to join foreclosure probe: Lori Swanson is among more than 40 attorneys general expected to announce an investigation into banks’ foreclosure practices. The officials are questioning whether banks have properly reviewed files before seizing property. Swanson announced plans to join the probe on Wednesday. She began investigating some banks’ foreclosure practices in Minnesota last month and asked 15 institutions to put a moratorium on foreclosures. Read full story

Study says lead found in Target, Walmart kids’ products: Some toys and other kids’ products sold at Target and Walmart stores contain high amounts of lead, the Associated Press reports, citing tests performed by a consumer group. The California attorney general’s office funded the study, which was conducted by the Center for Environmental Health, based in Oakland, Calif. Read full story

Digital Angel hires investment bank to review ‘alternative strategies’: Digital angel Corp. has hired an investment bank to advise it on “alternative strategies,” the company said Tuesday. The South St. Paul-based tech firm recently rejected a former subsidiary’s offer to buy it for $16.9 million. The company has now hired AgriCapital Corp., a New York-based investment bank, to provide it with a valuation. Digital Angel had previously announced its plan to hire a financial advisor to explore strategic alternatives. Read full story

Vikings rank eighth in popularity: The Minnesota Vikings are the eighth-most-popular team in the NFL. The Vikings have steadily inched up in the annual ranking, which is based on a poll conducted by Harris Interactive. The team ranked 10th last year, and 12th in 2008. The Dallas Cowboys ranked first. The team has held the title of most popular since Harris began surveying fans in 1998. The Indianapolis Colts ranked second, followed by the Green Bay Packers. Read full story