Recent content from Patrick Kennedy
Stock was up more than 10 percent in morning trading.
Lower average equity markets and low interest rates hurt the results, CEO said.
It's a trend locally and nationally, but analysts aren't worried after two "really good years."
A soft economy generated reduced income for business leaders in the state and across the U.S. The format for executives' financial packages is continuing to evolve.
Fastenal Co. shares fell Tuesday after the company’s second-quarter results missed investor expectations. The Winona-based distributor of fasteners, construction and industrial equipment said its profit…
More than 30 years ago, a serious home-brewer named Mark Stutrud wrote a letter to the head of the American Brewer's Association.
Tim Bohannon, the GM of Northwestern Mutual, shares his leadership tips.
Chris Heim of HelpSystems doesn't believe you can over-communicate, shares company's financial results.
Jim Nelson of ACR Homes uses positive reinforcement for his workplace culture.
In Minnesota, the percentage for all of the state's public companies is lagging behind the national average.
Patricia Binko took to music at an early age and was persuaded by her parents to take violin lessons starting in third grade. Years later Binko would teach violin using the popular Suzuki Method that she learned directly from Shinichi Suzuki in Japan.
The company plans to have 65 percent of revenue from U.S.-made products by 2017.
Strong dollar, oil slump are putting a drag on Minnesota corporate profits.
With 25 years of gains and losses, Minnesota's economic climate has stayed strong, thanks to the state's unique business culture.
Tactile Systems Technology Inc. is the most likely company to be added to the Star Tribune 100. But the Minneapolis-based company first will have to…
Driven in part by persistent low interest rates, the Twin Cities’ public financial firms saw flat revenue growth in 2015 as a group. The largest…
Six companies are missing from last year’s list. Three of them are gone after being acquired. Three others are gone for a variety of reasons…
Minnetonka-based Cogentix Medical Inc. — a company born from two small medical device companies looking to grow — jumped the most spots this year on…
Fewer than 40 companies from our original Star Tribune 100 list in 1992 are still on the 25th edition this year. Some have gone out…
New Hope-based firm expands reach with Focal Upright Furniture.
Columbia Threadneedle's deal for Emerging Global Advisors is expected to close later in 2016.
The Accent and Cannon brands in Minneapolis have specialty products for fishing, racing, surfing and recreation.
St. Jude is the third largest medical device employer.
The water products firm got a boost from an acquisition it made last summer.
STEPHEN HEMSLEY | UnitedHealth Group Inc. Chief Executive Officer Total compensation: $20,093,213 for the year ended Dec. 31, 2015 Salary: $1,350,000 Non-equity incentive pay:…
When Edward Corcoran resigned from the Insignia Systems board of directors, he took the unusual step of submitting a public letter to the board…
$580 million acquisition was a "natural" choice for the local maker of test systems.
The markets struggled back to positive territory in a first quarter that got off to a bearish start. Now, a 'bunny market' may be ahead.
CEO Pay Watch 3M Co. Inge Thulin, chairman, president, CEO Total compensation: $15,620,581 for the year ended Dec. 31, 2015 Salary: $1,448,153 Non-equity incentive…
WILLIAM COOPER TCF FINANCIAL Co. CHAIRMAN AND FORMER CEO Total compensation: $3,941,789 for the year ended Dec. 31, 2015 Salary: $1,500,000 Nonequity incentive…
Patrick McHale CEO of Graco Inc. Total compensation: $4,247,052 for the year ended Dec. 31, 2015 Salary: $750,400 Non-equity incentive pay: $910,538 Other compensation: $18,864…
Daniel starks St. Jude Medical Inc. Executive chairman Total compensation: $13,538,010 for the year ended Dec. 31, 2015 Salary: $1,110,000 Non-equity incentive pay: $1,453,545…
Richard Davis chairman and CEO of U.S. Bancorp Total compensation: $21,754,748 for the year ended December 31 Salary: $1,300,000 Non-equity incentive pay: $2,304,900 Other compensation:…
Friends say James Colville was a critical thinker and problem solver who used his business background to help raise more than $1.2 billion for local…
Tony Isaac is leading the firm on an interim basis.
The shifting preferences in the way corporations choose to store their data is having a negative impact on the margins of Eden Prairie-based Datalink.
CEO Pay Watch Fastenal Co. Willard Oberton, chairman, former CEO Total compensation: $614,089 for the year ended December 31, 2015 Salary: $572,292 Non-equity incentive…
BioAmber Inc., which has its main office in Montreal and executive offices and a research facility in Plymouth, has a joint venture with Tokyo-based Mitsui…
Sit Investment Associates, Thrivent finish first, third in the fund rankings.
Minneapolis-based SPS Commerce reported better-than-expected fourth-quarter results, but its revenue guidance for 2016 raised concerns for one analyst.
CEO Pay Watch The Toro Co. Michael Hoffman, chairman and CEO Total compensation: $11,070,525 for the year ended Oct. 31, 2015 Salary: $960,000 Non-equity…
CEO Andrew Duff said this performance was four years in the making.
Despite strong years for mergers and acquisitions and venture capital funding, the appetite for initial public stock offerings waned in 2015, especially in the second half.
Minnesota firms stayed busy in 2015 with mergers, acquisitions.
Last week Morningstar, the independent investment research firm, named Wells Fargo CEO John Stumpf its CEO of the Year.
The company has a solid fourth quarter despite soft markets and low rates.
The move by Tactile Systems Technology, whose devices treat chronic conditions, could raise $86 million.
Andersen's VeriLock technology can tell homeowners if windows and doors are open, but it also signals homeowners through a variety of connected devices if those windows and doors are locked.
The sudden resignation of a company's CEO generally signals more changes are ahead.
The addition of ToolBox strengthens the Minneapolis-based SPS' foothold within the convenience, grocery and drugstore market.
Bruce Cazenave, CEO of Vancouver, Wash.-based Nautilus Inc., was in town on Wednesday to visit employees and managers two days after his company acquired Brooklyn Park-based Octane Fitness.
Polaris Industries Inc. acquired 509 Inc., maker of carbon fiber snowmobile helmets and other products, adding to its portfolio of accessory brands.509, which started in…
Brooklyn Park company makes a wide array of fitness equipment.
Stratasys stock has been down 69 percent this year, but Oppenheimer analyst Holden Lewis earlier this month reiterated his buy "outperform" rating after recent visits with company management.
Recent expansions are evidence of a turn in fortunes for successful small nonprofits that bit the bullet during the Great Recession and the lean years following when donations dipped.
Analysts have been keeping an eye on Medtronic's growth since the completion of the Covidien merger at the start of the year.
CEO Pay Watch Donaldson Co. Inc. William Cook, chairman Total compensation: $4,849,808 for the year ended July 31, 2015 Salary: $861,246 Non-equity incentive pay:…
David Martin will focus on treatment for his cancer.
Ruling went against management consultant agency Accenture.
The firm will be run separately from King Capital and the Peter J. King Family Foundation.
No layoffs were announced in the deal with the big Japanese electronics maker.
U.S. Bancorp has been carefully monitoring expenses for the last several quarters as it anticipates a higher interest rate environment and more robust economic growth,…
Capella had better-than-expected enrollment growth but missed revenue projections.
Financial services paved the way as revenue rose 6 percent in quarter.
Company lowers guidance for fiscal 2016 but CEO says company positioned for future growth.
New corporate structure also organizes acquisitions under divisions.
Sherman Black resigned from the company's top job as part of a planned succession process
Shares of Tile Shop Holdings rose 14.5 percent Tuesday after the Plymouth company reported stronger-than-expected third-quarter revenue and earnings. The specialty retailer of manufactured and…
Equipment maker settles into new Roseville home, says it will greatly help R & D and design.
David Dale Ahern helped steal $860,000 in withheld employment taxes.
The stock market was on a record run, but now it's stumbling, and Minnesota is no exception.
The new entity would develop land not used for horsetrack operations.
Ryder Cup will be a showcase for Bloomington company
The deal would give Alerus five offices in the Twin Cities and Duluth.
Reemo is developing apps to keep elderly independent
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