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  • FTC approves Medtronic acquisition of Covidien Wednesday, 26 Nov 2014 | 4:41 PM ET

    NEW YORK— The U.S. Federal Trade Commission said Wednesday that it approved Medtronic's $42.9 billion acquisition of Covidien after the medical device maker agreed to sell a business that makes a type of catheter used in veins. Medtronic said it will sell Covidien's drug-coated balloon catheter business to Colorado Springs, Colorado- based The...

  • WASHINGTON, Nov 26- Medtronic Inc has won U.S. antitrust approval to buy Dublin- based Covidien Plc on condition that it sell its drug-coated balloon catheter business, the Federal Trade Commission said on Wednesday. Medtronic and Covidien shareholders will vote on the merger on Jan. 6. Medtronic is the world's largest stand-alone medical device maker, with a...

  • Snow makes Thanksgiving travel 'a little hairy' Wednesday, 26 Nov 2014 | 1:00 AM ET

    MINEOLA, N.Y.— A sloppy mix of rain and snow rolled into the Northeast on Wednesday just as millions of Americans began the big Thanksgiving getaway, grounding hundreds of flights and turning highways hazardous along the congested Washington- to- Boston corridor. Numerous auto accidents were reported across the Northeast, where by midafternoon the line...

  • Facing health law hikes, consumers mull options Tuesday, 25 Nov 2014 | 11:32 AM ET

    WASHINGTON— Consumers across most of America will see their health insurance premiums go up next year for popular plans under President Barack Obama's health care law. Scott Joens of St. George, Utah, said he and his wife are facing premium increases of about 18 percent for 2015. But instead of agonizing, he's looking for a plan with a higher deductible, which is the...

  • Snow, cold hamper Minnesota harvest wrap-up Tuesday, 25 Nov 2014 | 9:41 AM ET

    ST. PAUL, Minn.— Freezing temperatures and snow have hampered Minnesota farmers as they try to finish the fall harvest. Farmers tried to finish the harvest and fall tillage, but progress was limited across much of Minnesota. Ninety-six percent of Minnesota's corn acreage is harvested, up only 1 percentage point from the week before.

  • Valspar tops Street 4Q forecasts Tuesday, 25 Nov 2014 | 7:39 AM ET

    MINNEAPOLIS _ Valspar Corp. on Tuesday reported earnings of $108.1 million in its fiscal fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share. Analysts expected $1.19 billion, according to Zacks.

  • Hormel misses 4Q profit forecasts Tuesday, 25 Nov 2014 | 6:36 AM ET

    AUSTIN, Minn. _ Hormel Foods Corp. on Tuesday reported fiscal fourth-quarter net income of $171.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Minnesota research aims at mountain pine beetles Sunday, 23 Nov 2014 | 12:28 PM ET

    MINNEAPOLIS— The mountain pine beetle has devastated huge swaths of forest in the Rockies, and scientists fear the insects could threaten the majestic pines of Minnesota and states farther east someday. The scientists wanted to confirm in the first phase of the study whether the beetles would find the most common species of pines in Minnesota delicious and...

  • North Dakota's largest city showing its spirits Saturday, 22 Nov 2014 | 2:31 AM ET

    Construction has started on a micro-distillery in downtown Fargo that will produce whiskeys, bourbons, gins and vodkas and feature a century-old bar from a small North Dakota town. Kath and his partners are hoping to capitalize on its location in thriving downtown Fargo, where many new restaurants and shops have opened in recent years, and on a national hunger...

  • Jury orders Irish man to pay $2M over ethanol deal Friday, 21 Nov 2014 | 3:34 PM ET

    IOWA CITY, Iowa— A wealthy Irish investor must pay $2 million in damages to an Iowa doctor who was cut out of a major ethanol development in eastern Europe, a jury ruled Friday. Branimir Catipovic, a doctor at the Veterans Affairs hospital in Des Moines, proved his civil claim of unjust enrichment against Dublin entrepreneur Mark Turley, the federal jury in Sioux...

  • Nov 21- A group of Walmart employees pushing for higher wages said they were planning to protest on Black Friday at 1,600 U.S. stores in areas including Washington and Los Angeles. The group also plans strikes at the San Francisco Bay Area, Sacramento, Chicago, Seattle, Texas, Minneapolis and Tampa among other places. Wal-Mart Stores Inc, owner of Walmart brand...

  • Minnesota's unemployment rate continues to fall Friday, 21 Nov 2014 | 9:35 AM ET

    ST. PAUL, Minn.— Minnesota's unemployment fell to an eight-year low in October, dropping to less than 4 percent, and the state has added nearly 50,000 jobs so far this year, according to state employment data released Thursday. Marking a steady trend in the state, seasonally adjusted employment figures show that 3.9 percent of Minnesota residents were unemployed...

  • Survey suggests economy still slow in rural areas Friday, 21 Nov 2014 | 9:33 AM ET

    OMAHA, Neb.— The economic outlook for rural areas of 10 states in the Plains and the West improved in November, but the monthly survey of bankers doesn't suggest much growth. Creighton University economist Ernie Goss says low grain and energy prices continue to limit the economy in rural areas. Bankers from rural areas of Colorado, Illinois, Iowa, Kansas, Minnesota,...

  • Kozy Shack recalls some puddings over labeling Thursday, 20 Nov 2014 | 9:02 PM ET

    ARDEN HILLS, Minn.— Pudding maker Kozy Shack Enterprises is recalling some of its puddings because they are not labeled as containing milk. The product was distributed to 20 states— Connecticut, Florida, Georgia, Illinois, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Virginia, West...

  • Corinthian Colleges to shed most of its schools Thursday, 20 Nov 2014 | 12:12 PM ET

    NEW YORK— Corinthian Colleges will sell most of its campuses in the midst of several investigations and lawsuits by federal and state regulators. Regulators have said that Corinthian Colleges Inc. falsified job placement data and pushed students to take expensive private student loans. The Consumer Financial Protection Bureau is seeking more than $500...

  • Minnesota's unemployment rate continues to fall Thursday, 20 Nov 2014 | 11:16 AM ET

    ST. PAUL, Minn.— Minnesota's unemployment rate has fallen below 4 percent. Minnesota employers added 9,500 jobs in October, bringing this year's total to nearly 50,000 new jobs. Department of Employment and Economic Development Commissioner Katie Clark-Sieben says the state's job growth in the last three months has been the strongest since 1990..

  • Nov 20- A U.S. court has denied a request by Indian drugmaker Ranbaxy Laboratories Ltd to stop competitors from launching copies of AstraZeneca Plc's heartburn pill Nexium and Roche's antiviral, a court filing showed. Ranbaxy had filed a lawsuit against the U.S. Food and Drug Administration last week for revoking tentative approvals it gave the company to make...

  • Best Buy 3Q sales surprise bodes well for holiday Thursday, 20 Nov 2014 | 8:15 AM ET

    NEW YORK— Best Buy's third-quarter sales gain is a positive sign for the electronics retailer as the holiday season kicks off. Both revenue and earnings per share beat expectations, and Best Buy stock rose almost 8 percent in midday trading. Best Buy plans to offer more gifts under $100 but be disciplined about markdowns and promotions, which helps protect...

  • Patterson Cos. beats Street 2Q forecasts Thursday, 20 Nov 2014 | 7:06 AM ET

    ST PAUL, Minn. _ Patterson Cos. on Thursday reported fiscal second-quarter profit of $53.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Patterson Cos. expects full-year earnings to be $2.20 to $2.30 per share.

  • Best Buy beats Street 3Q forecasts Thursday, 20 Nov 2014 | 7:06 AM ET

    RICHFIELD, Minn.— RICHFIELD, Minn.— Best Buy Co. on Thursday reported fiscal third-quarter profit of $107 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share. Analysts expected $9.09 billion, according to Zacks.