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The salon chain operator said it is implementing a “new capital allocation policy” as it attempts to turn itself around, and it determined that paying dividends is “not the best use of excess capital.”
The women’s clothing retailer saw profits jump 140 percent during the third quarter, and its stock has risen 120 percent since it named a new CEO.
Granite City Food & Brewery said that disclosure costs did not outweigh the benefit of being a reporting public company.
Profits are up in nearly all of Hormel’s major businesses, and its international market saw a huge jump, due in part to the acquisition of the Skippy peanut butter brand early this year.
ConAgra Foods, one of the companies involved in the large-scale merger, cited an “ongoing regulatory review process and discussions with the U.S. Department of Justice” as reasons for the delay.
A federal bankruptcy judge gave trustee Doug Kelley approval to consolidate nine different cases, a move that Kelley said solidifies his ability to pursue money from large hedge funds.
TCB interviews 28 Minnesota CEOs, Fortune 500 executives, and thought leaders.
Private vs. institutional clients.
Multiple law firms are seeking class-action status for securities fraud lawsuits against Tile Shop, a Minnesota-based company whose stock dropped sharply on allegations of overstated earnings.
The retail giant’s third-quarter earnings were held back largely by weaker-than-expected results from its expansion into Canada.
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Twin Cities Business is Minnesota’s leading provider of business news, insight, and analysis through a monthly magazine, twice-weekly e-newsletter, daily online news stories, events, and an annual business information guide. Along with our readers, we get to know the personalities of our region’s most influential leaders, exploring the “how” behind their success, strategies, and solutions. We discuss today’s most pressing issues, examine trends and outlooks, and provide the context, perspective, and information leaders have come to depend upon.
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