Although the company reported a net loss from continuing operations of $105 million, its adjusted earnings reached $0.14 per share, nearly doubling analysts’ expectations.
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Although Minnesota’s private sector added 2,500 jobs in June, the addition was offset by a 2,100-job loss in government; meanwhile, the state’s unemployment rate reached a post-recessionary low of 5.2 percent.
Shares of the company's stock were trading down on news that second-quarter earnings fell short of analyst expectations.
Plans call for the proposed Ardent Mills company to be headquartered in Denver, although there are also plans for satellite offices in Minneapolis and Omaha.
Wells Fargo, which maintains a large presence in Minnesota, and retail giant Target are among 10 of the most charitable Fortune 500 companies in the United States, according to a recent report.
Minneapolis has the ninth-most patent applications for every 10,000 metro residents in the world.
Mayo Clinic ranked third in the country, while four other Minnesota hospitals earned a “national ranking” on the recently released list.
Hubbard will gain five stations each in Seattle and Phoenix, which it said are the 13th- and 14th-largest U.S. radio markets, respectively.
The magazine called attention to Best Buy’s recent stock run, largely crediting CEO Hubert Joly’s turnaround plan for the steady climb.
Communications firm WCG is opening a Minneapolis office in the hopes of expanding its Midwest client base.
A “woman of influence” is defined as being active in major investment decisions, having a good understanding of financial products, and having an interest in learning about financial matters.
The company, which is focused on developing a cancer vaccine, has completed its Chapter 11 reorganization and has appointed Carlos Santos as its new CEO.
Employers have been granted extra time to determine how to deal with the provision. But are their strategies the same? And when should they be planning?
Whether a business is defined as “small” or “large” will determine whether it is required to “play or pay” when a new health care reform provision takes effect in 2015.
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Timely answers regarding the latest in health care reform.
Patrick Kiley solicited investments for Trevor Cook’s $190 million Ponzi scheme; in addition to the prison sentence, he and his co-defendants were ordered to pay $155.4 million in restitution.