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  • They generated more than $1 million in annual revenue last year at Morgan Stanley Wealth Management, the brokerage formed out of the merger of Morgan Stanley's wealth business and Citigroup's Smith Barney in 2009..

  • Retirees turn more attention to personal legacies Thursday, 4 Oct 2012 | 2:10 PM ET

    CHICAGO-- A growing number of retirees are looking to pass along more to the next generation than money and possessions. "There's an element regarding money, but it is really more about affirming your life as a legacy," says Neal Van Zutphen, a certified financial planner in Mesa, Ariz..

  • Target key revenue figure up in September Thursday, 4 Oct 2012 | 8:18 AM ET

    Target says a key revenue figure rose 2.1 percent in September as shoppers picked up back-to-school items and groceries. Total sales for the five weeks ended Sept. 29 rose 2.6 percent to $6.08 billion. Minneapolis- based Target expects October revenue in stores open at least one year to rise in the mid- to low-single digit percentage range.

  • BioSante will merge with ANI Pharma in stock deal Thursday, 4 Oct 2012 | 12:17 AM ET

    NEW YORK-- BioSante Pharmaceuticals Inc. said Thursday it will merge with ANI Pharmaceuticals in an all-stock deal worth about $94 million. BioSante valued the deal at $93 million to $95 million based on its current share price, according to a company spokesman.

  • California wades into national labor debate Wednesday, 3 Oct 2012 | 6:59 PM ET

    The battle over Proposition 32 on the November ballot follows conflicts in Wisconsin, Ohio, Indiana and elsewhere where efforts to dilute the strength of organized labor have produced political tumult, a flood of TV ads and widespread demonstrations.

  • 3M ends $550M bid for Avery Dennison office unit Wednesday, 3 Oct 2012 | 6:19 PM ET

    NEW YORK-- 3 M Co. is ending its effort to buy Avery Dennison Corp.' s office and consumer products business, which would have given the company a huge portion of the U.S. labels market to go with its Post-It sticky notes business. 3 M agreed to buy the business in January for $550 million.

  • Unemployment rates for Midwestern US cities Wednesday, 3 Oct 2012 | 3:42 PM ET
  • Best Buy hires new Web leaders Wednesday, 3 Oct 2012 | 3:36 PM ET

    NEW YORK-- Best Buy on Wednesday named an Expedia executive as head of its e-commerce operations. Scott Durchslag, 46, will be senior vice president of Best Buy and president online and global e-commerce, effective Monday. He will be responsible for all of Best Buy's global e-commerce channels, including BestBuy.com and mobile commerce.

  • Best Buy gains on report Schulze bid progressing Wednesday, 3 Oct 2012 | 2:04 PM ET

    NEW YORK-- Best Buy Co.' s shares climbed Wednesday because of a report indicating that its founder and former chairman Richard Schulze is making some headway with his potential buyout offer of the electronics retailer.

  • 3M reorganizes business divisions Wednesday, 3 Oct 2012 | 2:03 PM ET

    ST. PAUL, Minn.-- Office products maker 3 M Co. on Wednesday announced a reorganization that reduces the number of its major business segments to five from six. St. Paul, Minn.- based 3 M said that under its new structure its business segments will be consumer, industrial and health care, along with its newly formed safety& graphics and electronics& energy divisions.

  • Labor standoffs silence orchestras in Minn., Ind. Wednesday, 3 Oct 2012 | 8:57 AM ET

    MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians based outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the performers' average salary by $46,000 a year.

  • Ahead of the Bell: Best Buy rises Wednesday, 3 Oct 2012 | 8:54 AM ET

    NEW YORK-- Best Buy Co.' s shares ticked higher in premarket trading after a report said its founder and former chairman Richard Schulze is making some headway with his potential buyout offer of the electronics retailer.

  • Xcel: Sherco power plant repairs could cost $200M Wednesday, 3 Oct 2012 | 12:26 AM ET

    BECKER, Minn.-- Xcel Energy Inc. says it will cost as much as $200 million to repair the damage from a catastrophic turbine failure at Minnesota's largest power plant last November. Sherco plant director Ron Brevig says Xcel still hasn't determined exactly why turbine broke up, sending debris and metal flying and sparking a fire.

  • AGP co-op expands production of soy feed additive Tuesday, 2 Oct 2012 | 5:51 PM ET

    OMAHA, Neb.-- Ag Processing Inc. plans to expand one of its soybean processing plants in Minnesota to boost production of a soy feed additive for cattle. CEO Keith Spackler says demand is strong for the AminoPlus product, and this expansion will help the company serve customers in the upper Midwest, Canada and other international locations.

  • TEXT-Fitch affirms Great River Energy bonds at 'A-' Tuesday, 2 Oct 2012 | 4:32 PM ET

    Oct 2- Fitch Ratings has affirmed the' A-' rating on the following Great River Energy outstanding bonds:. --$2.49 billion First Mortgage Bonds. SOLID ECONOMY: GRE is the second largest wholesale power supplier in Minnesota, with its member systems serving a diverse and, primarily residential customer base, including suburbs of the Twin Cities.

  • Labor standoffs silence orchestras in Minn., Indy Tuesday, 2 Oct 2012 | 4:24 PM ET

    MINNEAPOLIS-- The Minnesota Orchestra was called the world's greatest not long ago, welcome recognition for musicians outside a top cultural center. In Minneapolis, the Minnesota Orchestra has already cancelled concerts through Nov. 25 as negotiators argue over a proposal to trim the average musicians' salary by $46,000 a year.

  • Home price changes in each state in August Tuesday, 2 Oct 2012 | 1:37 PM ET
  • Home price changes in 25 largest US metro areas Tuesday, 2 Oct 2012 | 1:04 PM ET
  • Minn. farmers make quick progress on harvest Tuesday, 2 Oct 2012 | 10:25 AM ET

    ST. PAUL, Minn.-- Minnesota farmers continue to make rapid progress on corn and soybean harvests, thanks to dry weather. According to the USDA's Minnesota crop-weather report, corn was 53 percent harvested as of Sunday. That's way ahead of last year's 5 percent, which is also the five-year average.

  • Mosaic 1Q profit shrinks on weak fertilizer supply Tuesday, 2 Oct 2012 | 8:23 AM ET

    PLYMOUTH, Minn.-- Mosaic Co.' s net income shrank 18 percent in its fiscal first quarter because of lower prices for its phosphate fertilizer and production problems that weighed on sales volumes. The company's results missed Wall Street's view and shares dropped $1.38, or 2.4 percent, to $56.63 in premarket trading Tuesday.

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