The medical device company's stock increased more than 10 percent on news that its largest shareholder-Ramius Value and Opportunity Advisors, LLC-is seeking board positions in order to address SurModics' "long-term underperformance."
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On the heels of a positive third quarter, Target CEO Gregg Steinhafel said that the company expects its fourth-quarter same-store sales to outperform every quarter from the past three years.
On the flip side, the Eagan campus plans to add an unspecified number of customer-facing sales and marketing positions in order put more of a focus on a growing clientele-one- to three-attorney law firms.
The company's stock closed down 10.6 percent on Wednesday following news about an expected 8 percent to 10 percent drop in same-store sales during the third quarter.
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The company's stock closed down 10.6 percent on Wednesday following news about an expected 8 percent to 10 percent drop in same-store sales during the third quarter.
Prosecutors are asking that Hecker no longer be allowed trips to the U.S. Attorney's Office-because on Wednesday he abused his privileges when he attempted an on-the-spot wedding with his girlfriend, Christi Rowan.
The University of Minnesota has named Eric Kaler president just five days following the announcement that he was named the only finalist for the position after two others declined to be part of a publicly identified pool.
Trustee John Stoebner filed a complaint on Thursday accusing Ed Baker of Excelsior of making fraudulent transfers and concealing assets in his bankruptcy case.
The project will add nearly 16,000 square feet to the Helland Center, located in downtown Minneapolis.
The relocation of the college's Eden Prairie campus to a new development about three miles away in Bloomington is due to foreseen problems caused by the Interstate 494/Highway 169 interchange reconstruction project.
The results of a recent trial indicate that when two medical devices manufactured in Roseville are used during CPR, the patient has a significantly greater chance of surviving.
This is the ninth time in its 10-year history that the St. Paul venue has been nominated for the award, which is given by concert industry publication Pollstar.
Phil Smith will take over as CEO and president of the St. Paul-based company after Rodney Young steps down.
A new Gallup study found that in St. Paul and 25 other U.S. cities, social offerings, openness, and beauty are the main drivers of community attachment-and that attachment translates to increased gross domestic product.
Saint Marys Hospital and Park Nicollet Methodist Hospital have been named among the top 50 U.S. hospitals for inpatient cardiovascular services by a Thomson Reuters study.
The Minneapolis-based bank will pay "up to $35 million" in cash for Bank of America's domestic and European securitization and trust businesses-a move that will add more than $100 million in annual revenue.
A bank employee allegedly stole $62,240 from a branch in Kansas and then played victim in order to cover up his illegal activity.
Financial terms of the agreement were not disclosed.
The Wall Street Journal reports that Philip Falcone, a Minnesota native, and his New York-based investment firm are under investigation by federal authorities.
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