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Minnesota

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  • Minn. jobless rate ticks down to 5.8 percent Thursday, 18 Oct 2012 | 11:19 AM ET

    ST. PAUL, Minn.-- Minnesota's unemployment rate remains a full two percentage points better than the national average. Figures for September show the seasonally adjusted jobless rate for Minnesota fell to 5.8 percent, a tick lower than September.

  • North Dakota company buying 3 Nebraska dealerships Thursday, 18 Oct 2012 | 10:47 AM ET

    GRAND ISLAND, Neb.-- North Dakota- based Titan Machinery Inc. says it's buying three CaseIH agriculture equipment dealerships in Nebraska. Titan, of West Fargo, N.D., says it is acquiring Toner's Inc., which operates Toner's in Grand Island, Red Line Equipment in Broken Bow and Ord Equipment in Ord.

  • Two days after NHL offer, union set to have a say Thursday, 18 Oct 2012 | 10:01 AM ET

    On Tuesday, the NHL made its strongest, and most public, pitch yet to save a full season. "I hope we can get going ASAP," Red Wings defenseman Niklas Kronwall told The Associated Press on Wednesday. " Fehr met with the union to formulate a response, and in a letter to players and agents said the management plan would cost his members more than $1.6 billion over six years.

  • Supervalu sees 2Q loss, in active talks on options Thursday, 18 Oct 2012 | 9:33 AM ET

    NEW YORK-- Grocery store operator Supervalu lost money in its latest quarter, but the struggling company said it is in active discussions with several parties over a possible deal. Supervalu fired its CEO in July, replacing him with Chairman Wayne Sales to lead its turnaround effort.

  • LabCorp 3Q profit climbs 10 pct, forecast narrows Thursday, 18 Oct 2012 | 9:11 AM ET

    BURLINGTON, N.C.-- Laboratory Corp. of America posted a 10 percent rise in third-quarter earnings compared with last year during the same period, when the clinical lab was weighed down by the cost of several acquisitions. For the third quarter, LabCorp earned $148 million, or $1.53 per share.

  • Ahead of the Bell: US Bancorp upgraded on Q3 earns Thursday, 18 Oct 2012 | 9:03 AM ET

    U.S. Bancorp's relative strength in a tough quarter for many banks earned it an upgrade early Thursday, setting the stage for a second day of gains for the Minneapolis- based bank. U.S. Bancorp, the eighth-biggest American bank by assets, said Wednesday that its net income rose 14 percent in the third quarter.

  • Polaris 3Q results top Street, lifts 2012 outlooks Thursday, 18 Oct 2012 | 8:30 AM ET

    MINNEAPOLIS-- Polaris Industries' net income surged 40 percent in the third quarter on higher prices, reduced product costs and strong sales of a variety of its vehicles. Polaris Industries Inc. earned $94.3 million, or $1.33 per share, compared with $67.6 million, or 95 cents per share, a year earlier.

  • Earnings Preview: 3M expected to post 3Q profit Wednesday, 17 Oct 2012 | 6:44 PM ET

    MINNEAPOLIS-- 3 M Co. makes an array of stuff that, taken together, can be a good indicator of where the economy is today, and where it's headed. That's what investors will be looking for when 3 M reports third-quarter results on Tuesday. WHAT TO WATCH FOR: 3 M makes Post-it notes.

  • Select Comfort shares fall on revenue outlook Wednesday, 17 Oct 2012 | 5:17 PM ET

    MINNEAPOLIS-- Select Comfort Corp.' s shares dropped in after-hours trading Wednesday after the mattress company issued a disappointing full-year revenue forecast. Select Comfort said that its third-quarter profit increased by 52 percent on stronger sales. Select Comfort made $26.2 million, or 46 cents per share, in the quarter that ended Sept. 29.

  • Investment bank Piper Jaffray turns 3Q profit Wednesday, 17 Oct 2012 | 5:01 PM ET

    MINNEAPOLIS-- Investment bank Piper Jaffray Cos. said Wednesday that it turned a profit in the third quarter on stronger results from both its capital markets and asset management businesses. Piper Jaffray said revenue for its capital markets business climbed 42 percent on increased equity financing and fixed-income financing revenue.

  • Extravagant Home Features of the One Percent Wednesday, 17 Oct 2012 | 1:07 PM ET

    Home theaters and wine cellars have trickled down to the masses. What follows are truly exceptional features that you won’t see in just any mansion!

  • St. Jude 3Q earnings decline but beat estimates Wednesday, 17 Oct 2012 | 11:25 AM ET

    ST. PAUL, Minn.-- Medical device maker St. Jude Medical Inc. reported third-quarter earnings Wednesday that beat expectations, though company shares slumped as the executives warned that the company could receive a regulatory warning over a California manufacturing plant.

  • Fitz Casino lays off unspecified number in Miss. Wednesday, 17 Oct 2012 | 9:04 AM ET

    TUNICA, Miss.-- The Fitz Casino& Hotel Tunica has laid off an unspecified number of employees, citing a soft economy, seasonal fluctuations and increased competition.

  • Ecolab selling vehicle care unit for $120 million Wednesday, 17 Oct 2012 | 7:43 AM ET

    ST. PAUL, Minn.-- Ecolab is selling its vehicle care operations to Zep Inc. for about $120 million in cash as part of its strategy to shed non-core businesses. Zep, based in Atlanta, makes cleaning and maintenance products and services for commercial, industrial, institutional and consumer markets.

  • CH Robinson sells off payments business for $302M Tuesday, 16 Oct 2012 | 6:55 PM ET

    MINNEAPOLIS-- Trucking and logistics company C.H. Robinson Worldwide Inc. said on Tuesday that it sold its payment services business for $302.5 million. T-Chek has been a unit of C.H. Robinson since 1984. It has 190 workers, most of them based in Minnesota. C.H. Robinson said the new owners expect to "retain a Minnesota presence.

  • Hunters: 4 wolves killed in Wisconsin in 24 hours Tuesday, 16 Oct 2012 | 3:32 PM ET

    MADISON, Wis.-- Hunters shot and killed at least four wolves in the opening 24 hours of Wisconsin's first organized wolf hunt, the state Department of Natural Resources said Tuesday. Another hunter in Vilas County took a female at 8:30 a.m. A third hunter killed a female at 4:30 p.m. in Iron County and a fourth killed a male at 6:15 p.m. in Eau Claire County.

  • Target to match some rivals' online prices Tuesday, 16 Oct 2012 | 2:49 PM ET

    NEW YORK-- In the latest effort to beat Amazon.com at its game, Target says that for the first time it will match prices that customers find on identical products at select online competitors this holiday season.

  • Vikings fans share ideas for new football stadium Tuesday, 16 Oct 2012 | 11:17 AM ET

    MINNEAPOLIS-- Minnesota Vikings fans expressed strong opinions late Monday about features they want in the team's new stadium, from a retractable roof and more leg room _ to it being shaped like a giant castle.

  • NRC signs deal to work with Prairie Island tribe Tuesday, 16 Oct 2012 | 10:53 AM ET

    RED WING, Minn.-- The Nuclear Regulatory Commission and Prairie Island Indian Community have agreed to cooperate on some issues as the agency considers the fate of spent nuclear fuel at Xcel Energy Inc.' s nuclear plant in Red Wing.

  • MN sugarbeet harvest advances as corn nears finale Tuesday, 16 Oct 2012 | 10:05 AM ET

    ST. PAUL, Minn.-- Minnesota's sugarbeet harvest is progressing quickly while the state's corn harvest is nearly complete. Minnesota's corn is 90 percent harvested, compared with 40 percent last year and a 27 percent average. Precipitation ranged from none in central areas to nearly 1.5 inches in Preston in southeastern Minnesota.