Post Type of: Article

CHS Appoints New Leadership Team

Inver Grove Heights-based CHS, Inc., on Tuesday announced the appointment of a new leadership team, effective January 3. The team, selected by president and CEO designate Carl Casale-who also starts

Petters Investor Petitions Supreme Court

Ritchie Capital Management, LLC-an Illinois-based investment firm that lost big as a result of Tom Petters' $3.65 billion Ponzi scheme-announced Monday that it has filed a petition with the U.S.

SurModics Names New CEO, May Sell Pharma Biz

Eden Prairie-based SurModics, Inc., announced Tuesday that it has appointed Gary R. Maharaj as its CEO and will explore strategic options for its pharmaceutical business, including a possible sale. Maharaj

Best Buy’s Soft Q3 Sends Stock Down

Richfield-based Best Buy Company, Inc., on Tuesday reported third-quarter earnings of $217 million, or 54 cents per share-down from $227 million, or 53 cents per share, during the same period

SurModics Investor Seeks Board Shakeup, Nominates 3

SurModics, Inc.'s largest shareholder-Ramius Value and Opportunity Advisors, LLC-on Monday officially nominated three candidates for the company's board of directors. Last month, Ramius-which owns about 12 percent of SurModics' shares-submitted

Beckman Coulter Buyout Rumored; 3M Possible Suitor

Brea, California-based Beckman Coulter-which has a manufacturing facility in Chaska that employs about 750 people-is reportedly looking at buyout offers, according to reports from The Wall Street Journal and Bloomberg.

Dell to Buy Compellent for $960M

Dell, Inc., which announced last week that it was in "advanced discussions" regarding a merger with Eden Prairie-based Compellent Technologies, Inc., said Monday that the companies have reached a deal.

Major Bloomington Development Slated for May

United Properties and StuartCo, both of which are based in Minneapolis, announced Thursday that they have received approval from the City of Bloomington to commence construction of a multi-phase retail

MN Chamber, NAIOP Seek Public-Sector Pay Reform

Public-sector pay should be changed to better reward productivity and efficiency, according to a report released Thursday by the Minnesota Chamber of Commerce and commercial real-estate trade association NAIOP Minnesota.