Local company news roundup

October 30, 2013 at 1:00AM

DEBT AND EQUITIES

Ameriprise Financial Inc., Minneapolis, declared a quarterly cash dividend of 52 cents per common share, payable Nov. 22 to shareholders of record on Nov. 12.

PERSONNEL

G&K Services Inc., Minnetonka, said that Jeffrey Wright plans to retire as executive vice president and chief financial officer. The company is beginning a search for his successor, considering both internal and external candidates. Wright, who has served as CFO for nearly 15 years, will continue in his current role until June 2014.

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Glen Stubbe/The Minnesota Star Tribune

State officials said higher premiums and diminished federal tax credits mean some people likely feel they can’t afford coverage.

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