Recent content from Patrick Kennedy
The drop came a day after the company reported quarterly revenue that was slightly below expectations.
St. Paul company pays its workers for part or all of their health premiums.
On-site sales still drive the industrial supply distributor's growth.
Giant retailer buying hundreds of autonomous cleaning machines.
Black and other executives at Minneapolis-based SPS Commerce earned the maximum annual cash incentive award for the year.
Mpls. firm is reshaping itself, selling its home and auto insurance arm to American Family.
Most of Fowke's compensation, $22 million worth, came from previously issued restricted stock awards.
Michael Roman, 3M Co. CEO Total compensation: $5,195,051 for the year ended December 31, 2018 Salary: $1,049,976 Non-equity incentive pay: $1,431,503 Other compensation: $141,771…
St. Paul-based Augeo is partnering with a global nonprofit organization to take employee loyalty and reward points and turn them into charitable donations. Many companies…
No replacement has been named for Andrew Clarke, as the leadership transition proceeds.
Most of Schram's pay came from exercising stock options.
When Thrivent Financial moves into its new corporate headquarters next year, its investment division will move into space of its own.The 300-member team, which includes…
The company will keep its main manufacturing plant in Golden Valley
The last survivor of that earliest group, Zimmer had a badge number of 13.
The acquisition for $48 million will allow company to extend its reach into Spain and Colombia.
Both the company's dental and animal health units saw revenue grow.
The Ed Napelton Auto Group is acquiring Village Automotive Group, which owns Lexus dealerships in Wayzata and Maplewood and Village Chevrolet.
The German company is associated with soccer and rugby venues from Munich to Sydney and Vienna.
Company posted stronger-than-expected results, leading to a yearly net income of $133M.
The Bloomington-based company said sales were up 10 percent in its first quarter.
New owners say they will retain the chain's 494 employees.
Bob Biesterfeld faces a number of challenges brought about by technological changes in the trucking and shipping industry, including increased digital competition.
The results, which were released after the markets closed Wednesday, had Sleep Number shares up more than 10 percent in aftermarket trading.
Bob Biesterfeld, now the COO, will be taking over for John Wiehoff in May.
High-profile deals slumped in 2018, but overall volume held firm.
Richard Olson, The Toro Co. chairman, president, CEO Total compensation: $2,829,831 for the year ended Oct. 31 Salary: $875,000 Non-equity incentive pay: $918,803 Other compensation:…
An acquisition proved disappointing and an equipment move dampened efficiency at the end of 2018.
The Indiana-based bank notified the state of the move as it integrates Klein into its network.
The window was short as fog moved in and the next few days are expected to be a mixed bag of weather.
Stuart Lee used one of the largest Indiegogo campaigns in Minnesota to fund his firm's Strike kayak
While the company met expectations, net revenue was nearly flat.
The company completed its first year as a stand-alone water company.
TCF, Chemical officials have been keeping an eye on each other since 2015
The merger of equals transaction will create a financial services company with $34 billion in total and 500 branches across nine states, primarily in the Midwest. The HQ will be in Detroit.
In 50 years of marriage, Dana and Cynthia (Walstrom) House built a family, started businesses and gave selflessly to others both locally and internationally. Former…
The cornerstone of the agreement was a plan to give the new 360 Smart Beds to all eligible players in the league in 2018.
Wex Inc. to buy Fargo-based Discovery Benefits for $425 million.
Earnings grew 11 percent during the company's Q4.
The deal aims to build one of the largest municipal finance advisory firms in the United States.
Among 72 major public firms, only 32 saw positive returns last year.
Anne Martin-Vachon had been with the shopping network for four months.
Low interest rates led to quantitative easing, which meant more capital was released to the markets.
The stock market continued its volatile ride in the last week of the year, with some of the widest swings ever seen. When the Star…
Lyle Berman is using a special-purpose acquisition company to get into the esports gaming industry.
Mary Ann Fath, a member of the Sisters of St. Joseph of Carondelet, spent 44 years working for St. Catherine University — 40 of them…
Mayo Clinic's top boss made $3.2M; see where other nonprofit leaders landed on our annual list.
Will fund sustainability research, scholarships and a new conference series.
Company still ended fiscal year with record earnings.
Firm facing pressure on slightly down gross margin.
The program is the latest accelerator in the Twin Cities and will be run by Gener8tor.
A Plymouth biopharmaceutical company, DiaMedica Therapeutics Inc., is proposing a stock offering to raise $15 million for the development and commercialization of a new drug…
Bloomington-based MatrixCare will operate as stand-alone unit after sale.
Eight of more than 30 Mattress Firm stores in Minnesota will close as a result of the company's Chapter 11 bankruptcy proceedings.
Despite sales slowing in Europe and higher freight and raw-material costs, Tennant Co. raised its financial outlook for the remainder of the year after reporting…
The company's earnings were down, but remained within expectations.
Pentair, still adjusting from the spring spinoff of its electric enclosures business, saw core revenue growth in its three operating segments.
Wealthy families displace private-equity firms by banking on the long term, like with St. Paul's Augeo.
SuperAmerica rewards customers will have to transfer to a new customer loyalty program.
As production at factories and construction sites has picked up to levels not seen in years, the need for supplies from Fastenal has increased, producing…
It is the fifth and largest acquisition for the Minneapolis company.
The Houston-based company filed for Chapter 11 bankruptcy.
Mark Olson brought rural banking values to prominent public-sector positions in Washington, D.C., leading to appointments on the Federal Reserve Board of Governors and a…
Mendota Heights claims center is closing, part of a streamlining of operations nationally for the insurer.
The company emphasizes technology in its bed and brand awareness in its downtown Minneapolis offices.
Fuller's acquisitions helped its Q3 earnings to increase 50%, still missed analysts' expectations.
Augeo, a St. Paul-based provider of consumer and employee loyalty programs, sold a division that serves the financial services industry for $140 million. The unit,…
At Donaldson, a tricky companywide system upgrade in 2016 made a new e-commerce system possible this year.
Edina-based company is restructuring to improve profits.
Kummeth, who became CEO of the Minneapolis-based company in 2013, took home $4.75 million, a 78 percent increase over the previous year.
Bloomington company to pay about $103 million for BOFA International.
Bloomington-based company recorded sales of $2.7 billion in fiscal year.
CEO says it must do more to improve margins.
Homeowners bought more lawn mowers, both walking power mowers and zero-turn riding mowers, from Toro this summer after a long, wet spring dampened their sales…
The Edina-based hair salon company is now a leaner company.
Harmening got an increase to his base salary to $1.2 million that accounts for his new role as CEO.
More from Star Tribune