Fifty-seven percent of area residents believe that the local and national economy will improve in the next two years.
Banking + Finance
CBIZ is expanding its Minnesota footprint with the acquisition of Associated Insurance Agents and its 32 employees.
A long, cold winter, as well as rate increases in several states, helped boost Xcel's first-quarter financial results.
Amid an insider-trading probe, federal prosecutors reportedly subpoenaed Cardiovascular Systems; there have been no allegations of wrongdoing.
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.
The company’s first-quarter earnings dropped due to high poultry costs, prompting it to change the way it determines prices for its wings.
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.
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.
The restaurant chain’s first-quarter profits fell to $62,000 from $817,000 during the same period in 2012.
Supervalu, which is now about half of its previous size following the sale of several brands, reported a widened loss and declining sales, but analysts responded positively to remarks from the company's new CEO.
The longer than usual winter helped boost Polaris' snowmobile sales, although it hurt parts of the company's business that depend on warmer weather, including motorcycle sales.
TCF Financial CEO Bill Cooper recently told analysts that the company cut 700 branch employees in order to increase efficiency.
St. Cloud-based scrapbooking company Creative Memories filed for bankruptcy for the second time in five years and plans to lay off 163 employees.
Biotech company BioAmber, which first announced in 2011 that it planned to go public, has lowered the amount that it hopes to raise through its initial public offering.
Target is now expecting its adjusted first-quarter earnings to be slightly below what it previously projected, but it remains confident in its full-year forecast.
The company’s quarterly earnings were in line with analysts’ expectations, but mortgage-banking revenue fell 11 percent, causing a decrease in net revenue.
Joh. A. Benckiser has agreed to acquire D.E. Master Blenders 1753, marking its third major acquisition in the coffee and tea industry during the past year.
Known primarily for its recreational vehicles, Polaris has acquired a French automobile company that makes low-speed personal vehicles, as well as commercial vehicles.