NEW YORK-- Hair salon operator Regis Corp. said Wednesday it will no longer be paying dividends, noting it wasn't the best use of its excess capital. The announcement comes as the Minneapolis- based company said it was implementing a new capital allocation policy that preserves a strong balance sheet and prevents unnecessary dilution.
NEWS: Christopher& Banks Corp. shares jumped Wednesday after the women's clothing company reported that its fiscal third-quarter profit more than doubled. NUMBERS: Net income rose to $8.6 million, or 23 cents per share, for the quarter that ended Nov. 2, from $3.6 million, or 10 cents per share, in its third quarter last year.
CHICAGO, Dec 3- The Illinois Senate on Tuesday passed a bill that would offer incentives for Archer Daniels Midland Co to keep its global headquarters in Illinois. ADM has been the dominant corporate presence in the central Illinois city of Decatur for 44 years.
LOS ANGELES, Dec. 2- College savings plans are better deals than they were a few years ago, but there are still a few clunkers out there. Each fall, investment research firm Morningstar singles out the nation's best 529 college savings plans.
UnitedHealth Group Inc.' s projections for earnings and revenue growth next year fall well short of Wall Street's expectations for the nation's largest health insurer. Funding cuts to Medicare Advantage coverage have fueled UnitedHealth's relatively conservative expectations for this year and next.
BLOOMINGTON, Minn.-- A 29- year-old Minnesota man who says he was trying to spread holiday cheer by tossing 1,000 dollar bills over an upper floor railing at the Mall of America has been cited for disorderly conduct. Serge Vorobyov, of Apple Valley, admitted throwing his "last $1,000" from the fourth floor on Friday as a choir performed "Let it Snow."
CHICAGO, Nov 27- A month ago, Steve Walk was on the brink of deals to sell two big oil refiners some of his company's specialized oil pumps, which serve up fuel that is 85 percent ethanol, a biofuel made mostly from corn.
Nov 27- A wintry blast of heavy rain, wind and snow across the eastern United States disrupted Thanksgiving travel plans on Wednesday for some of the millions of Americans hitting the roads and taking to the skies on the busiest holiday travel day of the year.
ST. PAUL, Minn.-- Minnesota has a new boss of broadband. Mark Dayton's administration announced Tuesday that Cook County's Danna MacKenzie is the first executive director for the Office of Broadband Development, a division created last spring.
BISMARCK, N.D.-- Enbridge Energy is inviting oil producers to bid on rights to use the largest-capacity pipeline proposed to date to transport North Dakota crude.
ST. PAUL, Minn.-- Some collectors are bringing the Metrodome' s old right-field wall home after paying a combined $3,025 for pieces of the "Baggie." When the Minnesota Twins played at the Metrodome from 1982-2009, left-handed hitters took aim at the dark blue wall that stood only 327 feet from home plate.
ST. PAUL, Minn.-- Minnesota farmers have nearly finished their corn harvest despite cold temperatures and snow over the past week. In its final crops and weather report of the season for Minnesota, the U.S. Department of Agriculture on Monday said the corn harvest advanced 4 percentage points to 98 percent complete as of Sunday.
ST. PAUL, Minn.-- With two other turkeys ticketed for a presidential pardon at the White House, their brother met Minnesota's governor Monday at a state Capitol ceremony featuring much of the same upbeat pageantry ahead of a far gloomier fate for the bird. Conversely, his two brothers are headed to the White House Wednesday where they'll be officially spared.
NEW YORK-- Answer: It's the TV show that's spreading the word about Broadway. "Certain shows lend themselves better for us to do this," says Rocky Schmidt, the supervising producer of the game show. " The TV show taped the clues with Cinderella herself _ star Laura Osnes did a video clue in her ball gown costume _ on June 14 at the show's home at the Broadway Theatre.
MINNEAPOLIS-- Indictments against five people accused of poaching walleye and other fish from the Leech Lake and Red Lake reservations and selling them on the black market were dismissed Monday by a federal judge who said treaties with the Chippewa Indians protect their rights to fish on tribal lands.
CHICAGO, Nov 25- After more than six years of unprecedented boom in the U.S. farm economy driven by a government-backed drive for biofuels, record low interest rates and rising food exports, American grain farmers and their bankers are bracing for change.
CHICAGO, Nov 22- The Maschhoffs, LLC, the country's largest family-owned pork producer, agreed to buy U.S. chicken company GNP Company for an undisclosed amount, the two companies announced on Friday.
CHICAGO, Nov 22- The Maschhoffs, LLC, the country's largest family-owned pork producer, agreed to buy Midwest chicken manufacturer GNP Company for an undisclosed amount, the two companies announced on Friday.
*J.C. Penney shares jump after results. J.C. Penney shot up 7 percent to $9.32. The results indicated that a turnaround of J.C. Penney is starting to "take hold," Chief Executive Myron Ullman told analysts on a call.
NEW YORK, Nov 19- U.S. "The market looks fairly valued right now," said Zach Pandl, senior interest rate strategist at Columbia Management in Minneapolis.