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Mosaic Plans 500 Job Cuts, Reports Lower Profits

Mosaic will “eliminate only a small number of positions in Plymouth,” where the company is headquartered.

May 06, 2014

M&A

St. Paul Co. Buys Fellow MN Asset Management Firm

Advantus Capital Management is adding about $300 million in assets to the $29 billion it already manages.

May 05, 2014

The Minnesota Angel Network Shuts Down

The program's organizers said many similar organizations have surfaced since its inception, and one of them, Gopher Angels, will take over some of the work previously performed by the Minnesota Angel Network.

May 01, 2014

MN Medical Startups Are Attracting More Money

Industry group LifeScience Alley tallies $60 million raised in the first quarter, a 25 percent increase.

April 29, 2014

Tech Firm Reports Lower Sales, Divests Assets For $23M

Qumu Corporation struck a deal to sell its Rimage disc-publishing business to focus exclusively on video content management software.

April 29, 2014

Land O'Lakes look to be rid o' egg business

Land O’Lakes is looking to extract itself from the egg business. The Star Tribune reports that the the Minnesota-based farmers’ cooperative disclosed in its annual report that it is exploring...

April 27, 2014

This Under-The-Radar Co. Landed $550M

Investors poured half a billion dollars into a firm that many Minnesotans have never heard of.

April 21, 2014

Regulators Block Jostens’ Planned $486M Acquisition

The Federal Trade Commission voted to block Jostens’ planned acquisition of American Achievement Group Holding Corporation; Jostens abandoned the deal, saying that fighting regulators would be costly.

April 21, 2014

St. Jude Medical headquarters

St. Jude Medical’s Profits Up 12 Percent

The increase in sales for the medical device manufacturer’s implanted defibrillators and pacemakers contributed to its strong first quarter.

April 16, 2014

MN Glass Company’s Profits Up 80 Percent

Apogee Enterprises’ full-year revenue totaled $771.4 million and the company hopes to reach $1 billion by 2016.

April 14, 2014

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