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Shares of Buffalo Wild Wings Inc. gained 19 percent after the chicken-wing restaurant chain said it will meet its annual profit-growth forecast of 25 percent. The St. Louis Park company's shares rose $4.87 to close at $30.75, their biggest climb since October 2006. On Tuesday, Buffalo Wild Wings said first-quarter comparable-store sales growth was 4.1 percent at company-owned restaurants and 2.1 percent at franchised locations, prompting KeyBanc Capital Markets analyst Lynne Collier to upgrade her Buffalo Wild Wings rating to "buy."
BLOOMBERG NEWS
$54 million laptop lawsuit dismissedA $54 million lawsuit filed against Best Buy Co. Inc. for losing a laptop computer has been dismissed by a court in Washington, D.C. Raelyn Campbell of Washington sued Best Buy in November, seeking fair compensation for replacement of the $1,100 computer and extended warranty, plus expenses related to identity theft protection. A Best Buy spokeswoman said the company wouldn't comment on legal matters, but that it didn't pay a settlement. The Richfield-based retailer said it gave Campbell $1,110.35 and a $500 gift card in October as compensation. A judge dismissed Campbell's lawsuit Feb. 28, as first reported on a blog run by the National Association of Manufacturers at blog.nam.org. Campbell did not return calls seeking comment.
JACKIE CROSBY
Blog: Patent Pending
Are CT scans for the heart useless?
Do yourself a favor and read the excellent story in the past Sunday New York Times that questioned the medical value of doctors ordering powerful CT scans for the heart. The story argues there is little evidence that proves the benefits of advanced CT scans. Medicare, the story noted, doubted whether such procedures were necessary [...]
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