04:45 PM EST - Mega Brands Inc. : has unveiled a new magnetic toy and a corporate overhaul designed to restore its profitability and the faith of investors. Magnext is slated to hit North American store shelves next summer, replacing the plagued Magnetix product that has been subject to several recalls and lawsuits from the families of injured children. Mega Brands Inc.
shares T.MB are trading up 15 cents at $6.45.
