The company behind Sleep Number beds had seen its stock climb consistently over the last few months to about $27 per share, but its shares fell Thursday after the company released its second-quarter financial results.
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Thrivent Financial and other “fraternal benefit societies” are making a push to ensure they remain tax-exempt when the writers of the nation’s tax code start with a “blank slate.”
Although Hiawatha light rail line riders were down slightly over last year’s record totals, the North Star commuter rail line was up 15 percent.
The cost of the proposed light-rail line could balloon from $1.25 billion to nearly $1.7 billion, depending on which option planners select for dealing with existing freight rail.
Valley Cartage relocated its headquarters from Hudson, Wisconsin to Lake Elmo after the state offered it a $500,000 forgivable loan and the opportunity to apply for $400,000 in tax credits.
HighJump Software, a global provider of supply-chain software, acquired Denmark-based Evenex, marking its fourth acquisition since 2008.
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.
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.