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CEO Pay Watch: Stephen Hemsley, UnitedHealth Group executive chairman
The company's long-term success has also made Hemsley, who retired as CEO in September, a wealthy man.
Sleep Number misses first-quarter expectations
The company, though, says it remains on track to meet 2018 earnings goals.
A look at other big snowstorms to hit Twin Cities
Snowfall numbers won't be in till Sunday, but here's a look at snow depths from other big storms.
CEO Pay Watch: Sleep Number's Shelly Ibach made nearly $4.2 million last year
Ibach's pay more than doubled in a year that saw a major product launch, corporate name change and move to a new headquarters.
Fastenal's stock drops despite good first-quarter report
Shares of Fastenal sank 6.2 percent Wednesday after the release of the company’s first-quarter results. The Winona-based company met Wall Street expectations, reporting a 13.2…
Bloomington software firm Connexeo receives $110 million in equity funding
The Bloomington-based software firm wants to alter image, expand offerings.
Local investment analysts see 'clouds forming on horizon'
Market's fundamentals undercut by trade-war discussions, tech cool-off.
CEO Pay Watch: Xcel Energy's Benjamin Fowke made $17.3 million last year
His compensation was less than in 2016 because earned less from restricted stock awards.
Digi International will eliminate 60 positions
Digi International, the Minnetonka-based provider of internet of things connectivity products for business, will cut 10 percent of its workforce as it shifts work done in its Eden Prairie plant to contract manufacturers.
H.B. Fuller's first-quarter sales jump 42 percent after acquisition
The Royal Adhesives addition also allowed cost savings as the two companies integrate.
SPS Commerce adds directors as part of agreement with activist investor group
SPS, which provides cloud-based supply chain software and analytics, increased the size of its board from seven to 10 directors.
Toro buys Indiana company L.T. Rich Products
The move is to expand offerings to landscape and grounds professionals.
CEO Pay Watch: Ameriprise's James Cracchiolo made $60.6 million last year
His $41 million realized from previously issued stock options fueled a 300 percent increase in his compensation.
Supervalu selling its Farm Fresh Food stores
Eden Prairie company will part with 21 of its 38 markets in Virginia and North Carolina.
Bill Gates' investment firm raises its ownership in Ecolab
Cascade Investment, already the largest shareholder, purchased nearly 700,000 more shares in the St. Paul-based company.
PeopleNet in Minnetonka makes monitoring equipment to document crashes and provide training for truck companies
Minnetonka-based PeopleNet's products have helped trucking firms steer clear of liability while enhancing driver training.
CEO pay watch: U.S. Bank's Andrew Cecere made about $16 million last year
Andrew Cecere U.S. Bancorp President and CEO Total compensation: $15,957,348 for the year ended Dec. 31, 2017 Salary: $941,538 Nonequity incentive pay: $1,659,867 Other…
Donaldson's adjusted quarterly earnings are up 23 percent
Donaldson Co. reported a net loss for the second quarter, but when one-time charges including $109.7 million for changes in the federal tax law are excluded, adjusted earnings were up 23 percent over the same quarter last year.
Passive investors Vanguard and Blackrock are big players among Minnesota public companies
Firms must work harder than active fund investors to exert influence.
Patterson's stock dives after earnings miss
The company also reported a continuing slide in revenue.
Biesterfeld, head of biggest unit at C.H. Robinson, takes on more duties as COO
The position creates a clear No. 2 to John Wiehoff, chief executive and chairman.
General Mills purchase of Blue Buffalo is 8th-largest deal by Minnesota firm
It is the biggest deal since UnitedHealth Group's 2015 purchase of Catamaran.
Tennant reaches $1 billion annual revenue milestone
Company still recorded a net loss for fiscal 2017.
Toro records solid first quarter
Toro Co. CEO Richard Olson said the company's fiscal 2018 is off to a good start, once again recording record revenue in the first quarter.Revenue…
Ann Kaari, former Minneapolis school board member who dedicated life to helping schools, dies at 75
She served on the board for 12 years, including several as chairwoman.
Allianz Life earnings meet company expectations
Net income down from 2016 because of one-time tax charge; new regulations also affected business.
Minnesota ranked as having best average credit rating in nation
Credit rating agency Experian also ranked the Twin Cities metro as tops.
Sleep Number 360 Smart Bed contributes to record financial results
Revenue up 16 percent in fourth quarter, while earnings jump 50 percent over same period a year ago.
Median CEO-to-employee ratio on pay is 149:1 in the Midwest
Equilar, in advance of new reporting rules requiring companies to disclose the ratio, found the overall median ratio in the U.S. to be 140:1.
CEO Pay Watch: Toro's Richard Olson made $2.8 million in his first year at the top
Richard Olson, the Toro Co. Chairman, president and CEO Total compensation: $2,816,430 for the year ended Oct. 31, 2017 Salary: $775,000 Nonequity incentive pay:…
Twin Cities investment experts not alarmed by steep market declines
Twin Cities investment pros say they are not alarmed by upheaval in stock indexes.
Lawsuit accuses former Crown Bank CEO of a $2.8M Ponzi scheme
Lawsuit alleges Crown Bank's Peter Dahl tricked customers out of millions.
Each NFL player will receive voucher for Sleep Number 360 Smart Bed
As part of the five-year agreement, Sleep Number will also offer 300 vouchers each year to rookies coming into the league.
Graco reports 7 percent quarterly sales increase
Gains met expectations, but earnings by the Mpls.-based company fell short.
Minnesota public companies fared better over the last decade than couple years
Dozens of Minnesota public firms outperformed major indexes over past decade.
H.B. Fuller lost money in Q4 but results were helped by acquisition
The largest acquisition in H.B. Fuller's history is already helping boost the adhesive company's results, but it was not enough to bring earnings into the…
Ecolab issues upbeat earnings forecast, announces $25 million nonprofit donation
The contribution to its corporate foundation and positive economic predictions are because of the new tax law.
C.H. Robinson helps to digitize paper-recycling industry
The Eden Prairie-based firm is working with partners on new venture.
Fastenal posts 15 percent sales increase in fourth quarter
Earnings up 33 percent for Winona-based distributor of industrial equipment.
Ameriprise launches next phase of ad campaign
Telling clients' stories through the ads has proved effective for the company, officials said.
Hot stock market outpaced Minnesota stocks in 2017
Tech shares made much of the difference in big year.
Epoch player/designer helps company build its first women's lacrosse head
Epoch Lacrosse selected player and product engineer Emily Plahn to help design its first women's lacrosse head.
California company taking at least 5 percent stake in WSI Industries
DPW Holdings could add more shares in the future.
Southpoint Office Center sells for $47.8 million
Bloomington complex bought by real estate firm in Portland, Ore.
Meyers printing company hires Micheal Lane as first nonfamily CEO
Micheal Lane aims to help execute a long-term growth plan and groom the next generation.
CEO Pay Watch: Hormel's James Snee made $3.1 million last fiscal year
After becoming CEO in November 2016, Snee saw his total compensation rise 40.3 percent compared with the previous year.
Activist fund urges Tennant to merge with Danish company Nilfisk
London-based PrimeStone says in filing that it has talked with both companies about combining.
Toro posts strong fourth quarter, surpassing internal goals
Bloomington firm's earnings up almost 16 percent and sales grew by about 5 percent.
Altus Capital Partners buying Vadnais Heights medical diagnostic company for $50.3 million
MGC Diagnostics had been exploring strategic alternatives since January.
Donaldson records quarterly revenue growth of 16 percent
Donaldson Co. Inc. reported a solid start to its new fiscal year, with profits up 5 percent and revenue up 17 percent during the company’s…
Paul Belvedere, dentist for Minnesota North Stars, dies at 87
Paul Belvedere was born in 1930 on the recovery bed of his uncle’s small town dental office in Hobart, Ind. He was destined to join…
Minnesota employers of skilled immigrant workers say Trump aims to shame, not reform
Critics say Trump administration is shaming employers, not reforming immigration system.
Patterson Cos. misses quarterly expectations again
Sales declined 2.3 percent, and earnings dropped more than 10 percent.
GOP tax plan adds up to big savings for Minnesota corporations
Many would see steep cuts in rate, but it's unclear how they would spend cash.
Tennant misses mark in Q3 because of acquisition costs
CEO Chris Killingstad said integration of IPC operations is going well.
Tile Shop CEO Chris Homeister resigns under pressure
Company founder and former CEO Robert Rucker has stepped in as interim CEO while the company searches for a new leader.
Patterson hires Mark Walchirk, a McKesson executive, as its next CEO
The appointment ends an unexpected transition at the supplier of dental and animal health products.
Tax reform could add up to billions for Minnesota's biggest companies
Minnesota's biggest companies would see billions in relief – but what about workers?
CEO maps new route for Winnebago
Michael Happe is leading a resurgence of one of the most famous names in the recreation vehicle industry.
Select Comfort misses Wall Street mark for third quarter
The company, which will become Sleep Number on Nov. 1, reported a 9.4 percent increase in sales.
Fastenal seeing sales increase at faster pace
Despite hit from storms, growth was at its fastest clip in nearly three years.
Regis sells nearly 1,100 mall-based salons
The move makes the Beautiful Group the Edina company's largest franchisee.
H.B. Fuller has good quarter despite interruption caused by hurricane
Company reported adjusted net income for the quarter was up.
CEO Pay Watch: Donaldson's Tod Carpenter made $2.5 million last fiscal year
That was an increase from the $1.3 million he took home the previous fiscal year.
New C.H. Robinson system kept distribution moving during hurricanes, eclipse
Eden Prairie's C.H. Robinson launches a new supply-chain visibility platform that gives customers a better view of global shipments as they move closer to their destinations.
Chaska-area barn sports financial history lesson
Semiretired financial analyst brought his life work with him on his new adventure.
Minnesota sees third IPO of the year with Celcuity
Friday's closing of $13.63 was up 43.5 percent from the initial offering price.
Ameriprise's Columbia Threadneedle buying Lionstone Investments
Lionstone Investments manages $6B in assets.
Judge dismisses two claims in lawsuit against TCF, upholds consumer protection charges on overdraft fees
A U.S. district judge narrowed the scope of the case, dismissing counts regarding disclosures around electronic transfers but upholding claims of deceptive practices surrounding overdraft fees.
Allete buying Tonka Water in Plymouth
The purchase for subsidiary U.S. Water expands its water treatment business.
Donaldson reports an annual sales increase for first time in two years
Fourth quarter results boosted the fiscal year outcomes.
CEO Pay Watch: Regis' fired CEO Dan Hanrahan made $15.3 million last year
New CEO Hugh Sawyer received $585,000 sign-on bonus and will make $950,000 in base salary.
Toro CEO Rick Olson to succeed Mike Hoffman as chairman
President, CEO Rick Olson will be chairman Nov. 3.
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