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Now that CardioMEMS’ heart-monitoring technology has been approved, St. Jude is executing its option to buy the company, in which it had previously invested.
May 29, 2014
Twin Cities Business' Dale Kurschner recently questioned the composition of Target’s board; now, a proxy advisor is recommending that shareholders oust the majority of Target directors.
May 28, 2014
While Best Buy’s quarterly profits beat analyst expectations, the company expects same-store sales to keep sliding because of a lack of major product launches during its upcoming quarters.
May 22, 2014
Gary Vibbard admitted that the fraud scheme defrauded at least 10 investors of between $2.5 million and $7 million.
In order to complete a proposed merger of their North American flour-milling businesses, the companies are first selling four mills, including one in Minnesota.
May 21, 2014
AllOver Media acquired Trans Media Group, the parent company of AJ Indoor and TMG Alternative Out-of-Home Media, which offer advertising options throughout the Twin Cities.
May 20, 2014
Gregg Steinhafel’s compensation fell during the company’s latest fiscal year, but he’ll receive a severance package worth millions following his “involuntary termination for reasons other than for cause.”
May 19, 2014
Herbert Richard Lawson was accused of tipping off his brother and another company cofounder with insider information; the three men will pay nearly $6 million but didn’t admit wrongdoing.
May 13, 2014
Founded by local businessman Jeff Mack, Cachet Financial Solutions significantly narrowed its net loss in its most recent quarter and increased revenue, and is now planning a stock offering.
May 08, 2014
The founders of I See Me! sold the publishing company to The McEvoy Group, but they will stay on and keep its headquarters in the Twin Cities.
May 07, 2014
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