Archive of: October 2010

RTI, Investor Pay $5.5M to Settle Suit

In a class-action settlement reached last week, Eagan-based Restaurant Technologies, Inc. (RTI) and Parthenon Capital, LLC, agreed to give RTI shareholders at least $5.5 million for shortchanging them during the

St. Jude Faces Two Shareholder Lawsuits

Two lawsuits filed last month against St. Jude Medical, Inc., and a handful of its top executives and officers, state that shareholders should not bear responsibility for the funds that

Thomson Reuters Acquisition Adds to Legal Division

Thomson Reuters Corporation-one of Minnesota's top employers-announced Tuesday that it has acquired Bellevue, Washington-based Serengeti Law. Financial terms of the acquisition were not disclosed. Thomson Reuters is a New York-based

3 MN Cos. Make “Adoption-Friendly” List

By offering adoption benefits such as financial assistance and paid leave to employees who adopt, three Minnesota companies are among the "100 Best Adoption-Friendly Workplaces" in America-a ranking that's compiled

Mosaic Q1 Sales, Earnings Increase

Plymouth-based The Mosaic Company on Monday posted a 196 percent increase in first-quarter net earnings, fueled by a nearly 50 percent increase in sales. Net earnings for the quarter that

Medtronic Extends Sponsorship of TC Marathon

Medtronic, Inc., and Twin Cities In Motion (formerly Twin Cities Marathon, Inc.) announced Friday they have signed a letter of intent to continue their partnership. Fridley-based Medtronic will remain title

Twins Reg. Season Ends with 3.2M Attendees

The Minnesota Twins' 2010 regular, 81-game inaugural season drew more than 3.2 million fans at Target Field, setting a new, all-time attendance record. The announcement came following yesterday's game against