localbrfs050108
On the homepage
Local
Out There
Business
Vita.mn
Local business briefs
Print this story
E-mail this story
Save to del.icio.us
Share on Facebook
Share on Digg
Minnesota business by the numbers
See Minnesota's top earning companies, CEOs and non-profits
More from Business
Wild Wings shares up 19% on profit pledge
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
- Twin Cities advisers accused of fraud, mismanagement
- Mall, teen store sales decline
- Smith & Hawken to close its doors in Edina
- Supervalu CEO clears space on executive shelf
- Parents have bad-guy ally to turn off video games
- A gentler option arrives for repaying student loans
- Newspaper intervenes in Petters case
Blog: Patent Pending
Bits of other stuff
AbbeyMoor Medical of Parkers Prairie has received pre-market approval from the Food and Drug Administration to sell “The Spanner,” a stent that treats men suffering from urinary problems because of a blocked prostate. Catchy name for a stent. Very vivid imagery. TST Media, a Minneapolis-based software company that specializes in Websites for amateur sport teams, said it [...]
Comment on this story | Be the first to comment | Hide reader comments