The company hopes to tap the local medical device industry and expand its client base in the area.

An appeals court upheld an earlier ruling from a U.S. District Court, which found that the Minneapolis-based credit-scoring company's competitors did not infringe on its trademarks.

Minnesota lost 19,800 jobs last month, prompting the unemployment rate to rise; however, the July jobless rate was calculated during the period when 22,000 state workers were out of work as a result of the government shutdown-so the figure is distorted.

Miami-based Ladenburg Thalman Financial Services has agreed to buy the company's Securities America brokerage unit-for which Ameriprise paid $150 million or more to settle legal claims that it previously faced.

Starboard Value LP, which owns about a 4.4 percent stake in Regis, asked Regis to dramatically cut operating expenses, sell its non-core businesses, and return focus to its core salon business in North America; Regis said it is "always open to ideas that can create shareholder value."