Recent content from Patrick Kennedy
Companies in Minnesota cashing in.
A persistent lack of masks and other PPE is a major limiting factor in dental offices returning to full scheduling.
The deal still needs regulatory approval.
The Minneapolis Regional Chamber of Commerce, TwinWest Chamber of Commerce are joining forces.
Minnesota has 16 companies in this year's edition of the Fortune 500, with UnitedHealth Group ranked No. 7.The list always has a certain amount of…
Financial advice in big demand as investors deal with volatile markets.
DTN bought Iteris Inc.'s ClearAg product line, its seventh acquisition since 2018.
As states start to reopen after COVID-related stay-at-home orders, Regis Corp. and Great Clips say they can be national leaders on how salons can operate…
"APG" was acquired last year for $2.9 billion by J2, which took its name.
The RV maker said it is cautiously optimistic about demand for its product despite the economic downturn.
Both David Wichmann, UnitedHealth Group's CEO, and Stephen Hemsley, its former CEO and executive chairman, made over $50 million in salary, bonus and stock option compensation.
At least four publicly traded companies, one with more than $100 million in sales, received forgivable loans.
Tennant's preliminary results show first quarter sales down 4% and EPS flat to down.
Sleep Number still managed a record first quarter despite a 80% drop off in business in last two weeks of March.
It is annual meeting season for public companies, but the coronavirus restrictions are quickening a trend toward virtual meetings. With no unnecessary travel and stay-at-home…
While dealing with their own stresses, advisers guide customers through planning and resources.
The industrial supplier had a better-than-expected first quarter as health care and government customers started buying more protective equipment.
The COVID-19 pandemic has left many of the state's major corporate players reeling. Six of Minnesota's largest publicly traded companies have announced temporary reductions in operations. Four have furloughed large portions of their workforce. More have issued dire warnings to investors.
The New Brighton industrial services company was bought for $2.9 billion last fall by J2 Acquisition Group.
The Minneapolis-based mattress maker and retailer has furloughed 40% of its 4,400 employees and reduced hours for 30% more as it closed stores and suspended most home delivery during the COVID-19 epidemic.
Companies are tapping revolving lines of credit to help secure cash flow during an increasingly volatile economy caused by the coronavirus pandemic. They also are tightening expenses, some by laying off or furloughing workers, others by putting off capital expenditures, all with the goal of conserving cash.
Doug Baker's compensation included $17.4 million from stock option gains.
The change reflects its shift to virtual data room services.
Polaris and Winnebago have suspended manufacturing as demand screeches to a halt.
Market professionals are hesitant to call a bottom to this stock market, but are confident there will be a recovery in a year or more.
Many drive-throughs, ATMs remain open, as well as mobile banking.
Local geologists hope Black Hills test drilling reveals a major gold discovery and boosts their geology consulting business.
Filtration company warns of likely sales disruptions and sluggish truck sector.
Principals of FS Funds own four Original Pancake House restaurants.
Some area market professionals have re-evaluated short-term tactics based on the sell-off caused by coronavirus spread.
Most of the biggest companies such as Ameriprise, UnitedHealth Group and Best Buy lost more than 10% in stock value this week.
Investments in Patterson's dental business starting to show dividends.
Securian has made a profit-sharing contribution to eligible employees' retirement accounts for 46 consecutive years.
It has been considering options for its exhaust and emissions business.
Shares in nearly all of Minnesota’s publicly traded companies were swept up Monday in a broad sell-off that was shaped by intensifying fears about the…
The University of St. Thomas has suspended enrollment into its full-time MBA and master's in accountancy programs and will eliminate 18 staff positions as a result, attributing the decision to shifting demographics and demands of its students.
Mpls.-based mattress maker defends its position as a leader in health-and-wellness sector.
Acquisition gives subsidiary Canadian Premier a boost worth $2.7 million in premiums.
Enterprise video software maker Qumu Corp. to be acquired by Buffalo, N.Y. -based Synacor Inc. in an all-stock transaction.
When Rydell retires in May, her 21-year tenure will be one of the longest among Minnesota nonprofit leaders.
Richard Olson's salary was $925,000, but vesting performance shares added over $2 million to his compensation.
The parent company of Federal Cartridge is finding its footing with restructuring plan.
"Macroeconomic headwinds" blamed for slow customer activity.
Minnesota acquisitions, mergers went small in 2019
The company saw mixed results, with a profit decline because of hedges placed on variable annuities, among other charges.
C.H. Robinson recorded earnings that were down 45.5% from the same period a year ago.
Software company Jamf said to be preparing for a confidential public offering.
Carlson Private Capital Partners makes its first platform investment in Lakeshirts/Blue 84 of Detroit Lakes.
The private-equity firm in Mpls. raises $289 million.
Family-run Venture's implements complement its turf, grounds products.
Renaming is due to firm's biggest-ever acquisition.
Minnesota rules require a used-vehicle dealer to have a physical location. Carvana's is an office.
The list has long been dominated by the state's large nonprofit health care sector. Forty-six of the 100 organizations on the list are in health care, and they account for 90% of the overall revenue on the list.
The brand will be at 90 collegiate events annually.
Mall's large-event space gets a corporate sponsor, its first in 10 years.
Sleep Number won for its new smart bed, and Protolabs shared an award for the Wayzn Slide.
At the Star Tribune's annual investors roundtable, eight top investment managers talked about the ups and downs of the stock market, plus their predictions for the coming year.
State's Piper index was up 21.6% last year, but lagged the national S&P, which rose 31%
The growth of UnitedHealth Group dominated the Minnesota business scene in the 2010s and made the company’s investors immensely wealthier. The Minnetonka-based health insurance and…
The acquisition of Charles Machine Works helped push revenue growth to 20% for the fiscal year.
As the school's 10th dean, Kidwell raised its profile and fostered stronger relations between the school and local business leaders.
Company reports better-than-expected Q1 results as it gains market share in the RV industry.
The venerable Minneapolis firm will combine with Drinker Biddle & Reath to become of the 40 largest law firms in the U.S.
ApplianceSmart, once based in Minnesota, has filed for Chapter 11 bankruptcy protection.
Parent company Integrity Marketing shared $50 million in past profits with its employees and is making them new shareholders.
DTN has had a few owners but now has the capital to make acquisitions, increase business.
Shares of the Mendota Heights-based provider of supplies to dental and veterinary markets rose more than 14% in trading on Thursday, closing at $23.10 per share
Now five years in, the startup company has momentum.
Sleep Number accused of suppressing web searches.
Eden Prairie's C.H. Robinson launches product aimed at increasingly complex logistics needs for smaller businesses
Freightquote by C.H. Robinson will assist smaller companies facing complexities.
Resulting law firm would be in the nation's Top 50.
Digi International is buying Opengear, a New Jersey company whose customers include Target and Best Buy.
Shareholder says founder is tanking shares, asks court to halt "going dark."
The barbecue chain is searching for its fourth financial chief since 2014.
The logistics firm reported a slowdown in American trucking and tariff-affected drops in air and ocean freight.