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Last update: November 14, 2008 - 8:28 PM

DEBT AND EQUITIES

G&K Services Inc., Minnetonka, declared a quarterly dividend of 7 cents per share, payable Dec. 24 to shareholders of record Dec. 11.

TCF Financial Corp., Wayzata, received the proceeds from the $361 million investment in TCF by the U.S. Treasury Department. The investment is being made by the Treasury as part of its Capital Purchase Program under the Emergency Economic Stabilization Act of 2008.

The Nightly Business Report on PBS will run a three-part series, "The Mississippi," beginning Tuesday. The series will cover technology, environmental and logistical business issues from Minneapolis to Louisiana.

NEW PRODUCT

Alliant Techsystems Inc., Eden Prairie, successfully test-fired a Kinetic Energy Interceptors first stage solid rocket motor at its Promontory, Utah, facility. The weapon system is under development by the U.S. Missile Defense Agency.

Recent Business stories

Nortel sells wireless network ops, delays auction of optical networking, carrier ethernet ops - November 14, 2008
Nortel sells wireless network ops, delays auction of optical networking, carrier ethernet ops - Nortel Networks Corp. says it has completed the $1.13 billion sale of its wireless network business to LM Ericsson of Sweden but is allowing more time for bids in an auction for its optical networking and carrier ethernet units. More

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Blog: Patent Pending

Meanwhile, in Wisconsin....

As you read this blog entry, angel investors and start-ups are flocking to Madison, Wisconsin for the annual Wisconsin Early Stage Symposium and the Mid West Health Care Venture forum.

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