After two analysts upgraded Best Buy’s stock last month, two more have followed suit in March—and like the others, they credit the company’s new leadership team for what appear to be signs of a turnaround.
Leadership
How a central banker’s views evolved and moved him from being a dissenter to a leading advocate of the Federal Reserve’s policy of keeping interest rates low.
Ecolab, H.B. Fuller, The Mosaic Company, Target, and Thrivent Financial for Lutherans are among 145 companies named to the Ethisphere Institute’s 2013 “World’s Most Ethical Companies” list.
The same Minnesotans who were on last year’s list made repeat appearances this year, although the net worth of most has risen—and Best Buy founder Richard Schulze is no longer listed as a Minnesotan.
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The same Minnesotans who were on last year’s list made repeat appearances this year, although the net worth of most has risen—and Best Buy founder Richard Schulze is no longer listed as a Minnesotan.
The changes, which include the appointment of a new top marketing executive, are the first since Sam Duncan took the reins as CEO and come less than two months after the company struck a deal to sell five of its largest retail grocery brands in a $3.3 billion deal.
3M Company, Target Corporation, and St. Jude Medical also made the list last year.
A Star Tribune report, citing unnamed sources, indicated that founder Richard Schulze appears to be backing off a bid to acquire the company but is trying to regain his former position as chairman of the board.
Entrepreneurs Sara and David Russick share the wealth—and wisdom—through Gopher Angels.
The Dalai Lama blessed Starkey’s philanthropic work. Is that a clue that he will make a pilgrimage to the Twin Cities most celebrity-rich summer party?
Private equity firms in the middle market had a generally busy 2012. And they have the money for more deals.
Shaun Nugent worked at Sun Country from 2002 to 2007, first as CFO and then as both CFO and CEO starting in 2005.
The Twin Cities ranks ninth among 358 major metros in terms of patents produced annually—and Rochester ranks third for patents issued per capita.
Developers say the city is an attractive option for apartments because of the retail development The Shops at West End and the city’s close proximity to downtown Minneapolis.
An independent study commissioned by 3M, which makes privacy filters for computers and mobile devices, found that lost productivity stemming from employees’ visual privacy concerns could potentially cost a U.S. business with more than 7,500 workers in excess of $1 million annually.
Creative funding mechanisms and tax incentives are driving public and private collaborations on real estate deals.
The order is in response to a request from Attorney General Lori Swanson’s office, which sought to bar Renewable Energy SD from selling its turbines while a lawsuit that Swanson filed against the company proceeds through the system.
The company allegedly denied people with criminal records job interviews even when the crime was old, expunged, or irrelevant to the job they were applying for.
Analysts have cited signs of a strengthening Best Buy, and their improved ratings helped the company continue its 2013 stock climb.