Recent content from Patrick Kennedy
Sleep Number's smart-bed lineup will get a refresh in the second half of 2020.CEO Shelly Ibach told analysts during the company's earnings call that while…
Major League Fishing buys late Minnesota businessman's Fishing League Worldwide.
While Carpenter's bonus was less, his stock awards are worth more than previous year.
West Monroe Partners, which already has 60 local employees, will combine the two operations in new space.
Shoreview-based Deluxe has been known for paper checks, but continues to grow its suite of services.
Onetime Papa Murphy's executive named new leader of Lift Brands, which owns Snap.
The reorganization was announced along with third quarter results in which sales were down.
The fight spilled into the open last week after lawyers for daughter Randi Jacobs won a temporary court order stopping her brother Mark and other siblings from conducting an estate sale at their parents' Lake Minnetonka home.
Siblings hold differing views about the size of estate, which has led to a court battle.
The Eden Prairie-based company invested $1 billion in technology over the previous 10 years, so this doubles the company's investment pace.
Winnebago, which is based in Forest City, Iowa, but managed out of Eden Prairie, is expanding its portfolio of premium recreational vehicles by acquiring Newmar Corp., based in Indiana.
Melissa Barra was named one of the 50 most powerful Latinas in business by the Association for Latino Professionals for America. As Sleep Number’s senior…
Filtration giant boosts R&D to increase profit margins as buyers grow more cautious.
Augeo acquires MotivAction as companies are looking more broadly at their missions.
New Brighton-based company will be publicly traded when J2 Acquisition Ltd. takes over.
Supplier of veterinary and dental products is working a 3-year plan.
Edina-based company plans to sell almost all its remaining corporate-owned stores.
"As far as deals go, it was one of the easier to do just because we knew the people so well and they knew us," SPS's Archie Black said of purchasing the Mapadoc EDI division.
It has divested its legacy printing companies to invest in the faster-growing suite of M&A data services.
Acquisition of Charles Machine Works brands helped drive the increase.
Target's investors have never had a day like Wednesday.
Financial-services company is raising money to accelerate expansion, add acquisitions.
Over the same time period, the pay of an average worker has increased 11.9%.
Top executives from about 40 Minnesota-based companies pitched their strategies for getting through the next year.
Now that the merger is completed, CEO Craig Dahl says combining two successful operations without slowing progress is key.
John Greenman, World War II bomber pilot who got Northwestern National Bank back up after massive fire, dies at 96
By the Monday morning after the big 1982 blaze, Greenman had found an office for everybody in the bank building.
Amid softer demand for its transportation services, Eden Prairie-based C.H. Robinson reported an 8% increase in its second-quarter earnings per share.The third-party logistics firm earned…
It's not as frothy as a few years ago, but a resilient economy keeps the buying and selling churning.
Sleep Number shares surged in after-hours trading after it reported better-than-expected second quarter earnings after the market closed.
Executive pay more often being tied to 'ESG' goals
The Piper Jaffray name has been a vital part of Minnesota business history for more than 100 years. But before that name emerged as one…
Vista Outdoor is making the moves in a restructuring plan, including consolidation of its headquarters in the Twin Cities.
At midyear, the resilient market is continuing to push all-time highs.
Investors in the company based in Grand Rapids will get $7.05 per share from Yanmar affiliate.
Lance Iserman had been COO at the largest public auto group in the U.S.
Fast-growing firm attracted the attention of buyers, but CEO James Miceli has rebuffed offers.
The science that Sleep Number has used in marketing its beds is not just part of a report to CEO Shelly Ibach. She has started…
New CEO Barry McCarthy wants workers at Shoreview-based firm to think more like owners.
It is part of the St. Paul company's plan to shed nonstrategic acquisitions.
B-MoGen, developed at the U, joins the company's growing collection.
Orders plunged late in the quarter for Bloomington-based muffler and filter producer.
There are more ways for companies to have shareholders other than trading on a major stock exchange. And if you use a broadened definition, as…
Financial-services company is selling subsidiary in two pieces.
Details of what happened are not known.
The Bloomington-based company's profits took a hit in the second quarter.
The move is part of a restructuring for the California-based company, and some employees may be able to apply for jobs elsewhere in the company.
$15M center should be operational next year.
Minnesota companies have erased first-quarter job losses, adding 3,600 positions in April, the state said.
He long credited his business successes to good partners and employees.
The maker of cleaning equipment and supplies said despite results, focus on expanding margins and earnings beginning to show progress.
It is rare for a company to lose the vote two years in a row, according to a firm that tracks the say-on-pay votes.
They are shy about putting money into climate change, social equality.
The rocky stock markets affected client volume and growth of funds.
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.