Capital Markets

Manufacturing

MN Cos. Set New Export Record in 2012: $20.6B

The value of Minnesota’s exports rose $246 million in 2012, an increase of 1.2 percent and enough to set another annual record; the state’s top export category was machinery.

Locals with Investable Funds 3rd-Most Optimistic in U.S.

Fifty-seven percent of area residents believe that the local and national economy will improve in the next two years.

Regis headquarters

Regis Swings to a 3rd-Quarter Profit But Misses Expectations

The salon company reported a more modest decline in same-store sales, but its revenue and adjusted earnings fell short of analysts’ predictions.

MN Med-Tech Co. Subpoenaed in Insider Trading Probe

Amid an insider-trading probe, federal prosecutors reportedly subpoenaed Cardiovascular Systems; there have been no allegations of wrongdoing.

Xcel Energy's Minneapolis headquarters

Cold Winter Helps Boost Xcel’s Profits by 29%

A long, cold winter, as well as rate increases in several states, helped boost Xcel's first-quarter financial results.

Bit-O-Honey

Pearson’s Acquires Iconic Bit-O-Honey Brand from Nestle

The maker of Salted Nut Rolls and Nut Goodies has acquired the Bit-O-Honey brand, and it may add 30 new St. Paul jobs.

Best Buy store

Best Buy Stock Climbs on $775M Deal to Exit Europe

The electronics retailer is selling its stake in a European joint venture for roughly half of what it initially invested in the business; but analysts expected the divestiture, and investors responded positively.

Buffalo Wild Wings

On Lower Profits, Buffalo Wild Wings Reprices Wings

The company’s first-quarter earnings dropped due to high poultry costs, prompting it to change the way it determines prices for its wings.

John Gilbert III

Famous Dave’s Profits Plummet 92% on Lower Sales

The restaurant chain’s first-quarter profits fell to $62,000 from $817,000 during the same period in 2012.

Granite City Is Delisted from the Nasdaq Exchange

The company said that the cost of expansion has made it difficult to meet Nasdaq’s listing requirements; beginning Friday, its shares will be traded on the OTCQB marketplace.

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