GO
Loading...

Minnesota

More

  • US halal food supplier indicted over beef exports Friday, 24 Oct 2014 | 12:52 PM ET

    IOWA CITY, Iowa— The founder of a popular line of food products for observant Muslims has been charged with fraudulently shipping beef to Malaysia and Indonesia that didn't meet the countries' import requirements, federal prosecutors in Iowa said Friday. Bill Aossey Jr., who founded Midamar Corp. in 1974, is charged with conspiring to change labels and...

  • *Amazon tumbles, Microsoft climbs after earnings. NEW YORK, Oct 24- U.S. stocks were little changed on Friday, as disappointing earnings from Amazon were offset by gains in Microsoft after its quarterly results. But Microsoft, up 1.3 percent at $45.63, helped offset the drop in Amazon after it reported higher-than-expected quarterly revenue while keeping its...

  • *Amazon tumbles, Microsoft climbs after earnings. NEW YORK, Oct 24- U.S. stocks were set for a slightly lower open on Friday, putting the S&P 500 on track to cut its weekly advance, following disappointing earnings from Amazon and as the first diagnosed case of Ebola in New York City raised concerns about the spread of the virus. Microsoft, up 4.6 percent at $47.09...

  • Digital River to be taken private for $840 million Friday, 24 Oct 2014 | 8:50 AM ET

    NEW YORK— Digital River Inc. plans to become a private company. The investor group, led by private equity firm Siris Capital Group, is paying $26 per share in cash for Minneapolis- based Digital River. Shares of Digital River jumped 47.6 percent to $25.66 in premarket trading Friday.

  • TCF posts 3Q profit Friday, 24 Oct 2014 | 8:18 AM ET

    WAYZATA, Minn. _ TCF Financial Corp. on Friday reported third-quarter profit of $52.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Analysts expected $313 million, according to Zacks.

  • SPS Commerce beats Street 3Q forecasts Thursday, 23 Oct 2014 | 7:46 PM ET

    MINNEAPOLIS _ SPS Commerce Inc. on Thursday reported earnings of $838,000 in its third quarter. For the current quarter ending in December, SPS Commerce expects its per-share earnings to range from 13 cents to 14 cents. SPS Commerce expects full-year earnings in the range of 60 cents to 61 cents per share, with revenue ranging from $126.8 million to $127.3...

  • Tennant posts 3Q profit Thursday, 23 Oct 2014 | 8:57 AM ET

    MINNEAPOLIS _ Tennant Co. on Thursday reported earnings of $11.8 million, or 63 cents per share, in its third quarter. The company, based in Minneapolis, posted revenue of $202.6 million in the period. Tennant expects full-year earnings to be $2.60 to $2.70 per share, with revenue in the range of $810 million to $820 million.

  • Deluxe posts 3Q profit Thursday, 23 Oct 2014 | 8:45 AM ET

    SHOREVIEW, Minn. _ Deluxe Corp. on Thursday reported net income of $44.4 million in its third quarter. The Shoreview, Minnesota- based company said it had profit of 88 cents per share. Deluxe expects full-year earnings in the range of $4.08 to $4.14 per share, with revenue ranging from $1.66 billion to $1.67 billion.

  • Life Time beats 3Q net income expectations Thursday, 23 Oct 2014 | 8:24 AM ET

    CHANHASSEN, Minn. _ Life Time Fitness Inc. on Thursday reported third-quarter earnings of $34.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. Analysts expected $340.9 million, according to Zacks.

  • 3M 3rd-quarter net income up 6 percent Thursday, 23 Oct 2014 | 8:12 AM ET

    ST. PAUL, Minn.— Diversified manufacturer 3 M's third-quarter net income rose 6 percent on higher revenue across all divisions. Net income for the three months ending Sept. 30 after paying preferred dividends totaled $1.3 billion, or $2.02 per share, up from $1.23 billion, or $1.81 per share, last year. The St. Paul, Minnesota- based company narrowed its guidance to net...

  • 3M beats 3Q net income expectations Thursday, 23 Oct 2014 | 8:03 AM ET

    ST PAUL, Minn. _ 3 M Co. on Thursday reported third-quarter profit of $1.3 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.96 per share. 3 M expects full-year earnings to be $7.40 to $7.50 per share.

  • Arctic Cat tops Street 2Q forecasts Thursday, 23 Oct 2014 | 6:46 AM ET

    PLYMOUTH, Minn. _ Arctic Cat Inc. on Thursday reported fiscal second-quarter earnings of $15.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share. Arctic Cat expects full-year earnings in the range of $1.89 to $1.99 per share, with revenue in the range of $745 million to $755 million.

  • Proto Labs misses Street 3Q forecasts Thursday, 23 Oct 2014 | 6:18 AM ET

    MAPLE PLAIN, Minn. _ Proto Labs Inc. on Thursday reported third-quarter profit of $10.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Analysts expected $55.7 million, according to Zacks.

  • Delta plane clips smaller jet at Minnesota airport Thursday, 23 Oct 2014 | 4:14 AM ET

    MINNEAPOLIS— A Delta Air Lines plane clipped wings with a smaller jet as the two were preparing to take off from Minneapolis-St. Paul International Airport on Wednesday night, officials said. The smaller Embraer jet, flown by the Delta feeder Compass Airlines, was bound for Louisville, Kentucky, and had 74 customers on board. Federal Aviation Administration...

  • Graco tops 3Q profit expectations Wednesday, 22 Oct 2014 | 7:39 PM ET

    MINNEAPOLIS _ Graco Inc. on Wednesday reported third-quarter earnings of $59.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share. Analysts expected $304.5 million, according to Zacks.

  • NVE posts 2Q profit Wednesday, 22 Oct 2014 | 6:34 PM ET

    EDEN PRAIRIE, Minn. _ NVE Corp. on Wednesday reported profit of $3.9 million, or 80 cents per share, in its fiscal second quarter. The company, based in Eden Prairie, Minnesota, posted revenue of $8.3 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • UPDATE 1-Select Comfort raises full-year profit forecast Wednesday, 22 Oct 2014 | 4:35 PM ET

    Oct 22- Select Comfort Corp raised its full-year profit forecast after reporting better-than-expected quarterly results, driven by demand for its Sleep Number adjustable mattresses. Select Comfort raised its full-year profit forecast to $1.12 per share from $1.07 per share. The bedding category remains the most robust area in the furnishing sector, which...

  • Select Comfort tops Street 3Q forecasts Wednesday, 22 Oct 2014 | 4:09 PM ET

    MINNEAPOLIS _ Select Comfort Corp. on Wednesday reported net income of $23.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. Select Comfort expects full-year earnings to be $1.12 per share.

  • Small business view: Ebola, energy and elections Wednesday, 22 Oct 2014 | 2:25 PM ET

    And the upcoming elections are raising questions about what the new Congress is likely to do. Craig Beal has had three cancellations for safaris to places like Botswana and South Africa that are nine hours by plane from the countries with widespread Ebola outbreaks. A similar pattern emerged after riots in South Africa and a shooting last year at a Nairobi,...

  • 'Silicon Beach' brings tech boom to Los Angeles Wednesday, 22 Oct 2014 | 1:41 PM ET

    LOS ANGELES— So long Silicon Valley. In the past few years Google, Microsoft, Facebook, and YouTube have opened offices on the west side of Los Angeles from Santa Monica south to Venice and Playa del Rey. "Historically, Silicon Valley has been the center of gravity for tech and startups but I think more and more, these types of companies can be built anywhere," says Erik...