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  • St. Jude outlook lower on foreign exchange impact Wednesday, 28 Jan 2015 | 7:36 AM ET

    ST. PAUL, Minn.— St. Jude Medical Inc. on Wednesday predicted that foreign-exchange headwinds would pressure its sales and dampen its outlook for the coming year. Jude set full-year earnings in the range of $3.95 to $4 per share, with revenue ranging from $5.45 billion to $5.55 billion. The average estimate of analysts surveyed by Zacks Investment Research was...

  • Arctic Cat tops 3Q profit forecasts Wednesday, 28 Jan 2015 | 6:48 AM ET

    PLYMOUTH, Minn. _ Arctic Cat Inc. on Wednesday reported fiscal third-quarter net income of $7.5 million. Arctic Cat expects full-year earnings in the range of $1.24 to $1.32 per share, with revenue in the range of $705 million to $715 million. Arctic Cat shares have decreased 16 percent since the beginning of the year.

  • MINNEAPOLIS— An attorney for a Minnesota man whose Toyota Camry rammed into another car in 2006, killing three people, said during closing arguments in federal court Wednesday that the car had a defect that caused the accelerator to stick. The car driven by Koua Fong Lee was not defective, an attorney for Toyota Motor Corp. countered, suggesting that Lee mistook...

  • LIHUE, Hawaii— The owner of one of two small planes that crashed-landed in the Pacific Ocean off Hawaii over the weekend is crediting a novice pilot with staying calm and ensuring the survival of all four people onboard, including a baby. The pilot of the single-engine Cessna flying from Kauai to Oahu declared an emergency Sunday evening, saying the aircraft was...

  • Mark Dayton laid out changes in his budget proposal Tuesday that would make railroad companies fork over more funds to ensure Minnesota communities can handle a dramatic influx of train traffic. But Minnesota has a long to-do list of its own, such as $240 million in underpasses to alleviate congestion at train-blocked intersections and other safety...

  • MIAMI, Jan 27- Cargill Inc, one of the world's largest privately held corporations and a top commodities trader, will likely remain private for at least another decade, the chief executive said on Tuesday as he assessed challenges facing the 150- year old company. David MacLennan, who has led Cargill for the past 13 months, also revealed that unrest in Ukraine had...

  • ST. PAUL, Minn.— 3 M's profit rose 7 percent in the fourth quarter and sales increased at all its business units, though revenue fell short of Wall Street expectations. 3 M Co. makes consumer, medical and business products, including Post-it notes, Scotch tape, industrial coatings and ceramics. 3 M expects full-year earnings between $8 and $8.30 per share.

  • G&K Services meets 2Q profit forecasts Tuesday, 27 Jan 2015 | 7:30 AM ET

    MINNETONKA, Minn. _ G&K Services Inc. on Tuesday reported fiscal second-quarter net income of $17 million. G&K Services expects full-year earnings to be $3.20 to $3.30 per share, with revenue in the range of $930 million to $950 million. G&K Services shares have declined slightly more than 1 percent since the beginning of the year.

  • Polaris Industries tops Street 4Q forecasts Tuesday, 27 Jan 2015 | 6:18 AM ET

    MEDINA, Minn. _ Polaris Industries Inc. on Tuesday reported fourth-quarter net income of $135.4 million. Polaris Industries expects full-year earnings to be $7.22 to $7.42 per share. Polaris Industries shares have declined 6.5 percent since the beginning of the year.

  • Mark Dayton released a $42 billion budget Tuesday that puts a heavy emphasis on education for the youngest Minnesota residents, leaving advocates for nursing homes, local governments and tax breaks to grab for a legislative lifeline in bids for state money. His two-year proposal is the opening move in a chess match over state spending that will play out for...

  • Graco misses 4Q profit forecasts Monday, 26 Jan 2015 | 4:43 PM ET

    MINNEAPOLIS _ Graco Inc. on Monday reported fourth-quarter net income of $49 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 85 cents per share. Graco shares have dropped roughly 4 percent since the beginning of the year.

  • Mark Dayton unveiled a plan Monday that would resurface or replace 2,200 miles of roadway, repair 330 bridges and boost funding for local infrastructure projects— but would come at a noticeable cost to taxpayers. His proposal would add a new 6.5 percent tax on gas at the wholesale level and hike license tab fees, with a separate sales tax increase in the Twin...

  • ST. LOUIS— Post Holdings will spend $1.15 billion to bulk up its presence in the cereal aisle by buying the privately held MOM Brands Co., maker of Malt-O-Meal cereals. Post has been on acquisition spree lately to diversify, adding the PowerBar and Musashi nutrition brands, which it purchased from Nestle SA, and the peanut butter maker American Blanching Co..

  • One of the planes, a single-engine aircraft carrying only a pilot, crash-landed about 250 miles off Maui. The other plane was carrying four people and went down several miles off Oahu. Dramatic Coast Guard video shows the plane carrying just the pilot— a Cirrus SR22 traveling from California to Maui— as it releases its parachute.

  • DIARY- Top Economic Events to Feb 10 Friday, 23 Jan 2015 | 7:00 PM ET

    DAVOS, Switzerland- Bank of England Governor Mark Carney to take part in panel discussion on "The Global Economic Outlook"- 1500 GMT. **DUSSELDORF, Germany- Deutsche Bundesbank board member Joachim Nagel speaks at the annual conference of the German-Chinese Economy, organized by Handelsblatt and HSBC- 1400 GMT. LUXEMBOURG- Central Bank of Luxembourg Governor and...

  • WASHINGTON— U.S. home rental prices continued to climb at a modest pace in December, but rapidly escalating costs in cities such as San Francisco and Denver suggest that apartment dwellers are facing more financial pressure. Prices rose 3.3 percent in December compared with 12 months earlier, real estate data firm Zillow said Friday. Rental prices have risen 52...

  • Digi International reports 1Q loss Thursday, 22 Jan 2015 | 4:52 PM ET

    MINNETONKA, Minn. _ Digi International Inc. on Thursday reported a fiscal first-quarter loss of $339,000, after reporting a profit in the same period a year earlier. For the current quarter ending in March, Digi International said it expects revenue in the range of $50 million to $53 million. Digi International shares have decreased 4 percent since the...

  • Deluxe posts 4Q profit Thursday, 22 Jan 2015 | 8:57 AM ET

    SHOREVIEW, Minn. _ Deluxe Corp. on Thursday reported fourth-quarter net income of $58 million. On a per-share basis, the Shoreview, Minnesota- based company said it had profit of $1.16. Deluxe expects full-year earnings in the range of $4.35 to $4.55 per share, with revenue ranging from $1.74 billion to $1.78 billion.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • DIARY- Top Economic Events to Feb 5 Wednesday, 21 Jan 2015 | 7:01 PM ET

    EDINBURGH, Scotland- Bank of England monetary policy committee member David Miles gives a speech at University of Edinburgh on "What can monetary policy do?" LONDON- Bank of England regulator Paul Fisher speaks at the Westminster Business Forum Insurance event- 0925 GMT. LONDON- Bank of England regulator Andrew Gracie gives speech at cyber-security conference...