St. Jude Medical on Wednesday predicted that foreign-exchange headwinds would pressure its sales and dampen its outlook for the coming year.» Read More
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Regis also announced in July that it is selling hair replacement services provider Hair Club for Men and Women to Japan's Aderans Co. for $163.5 million in cash. Aderans, based in Tokyo, offers hair replacement and restoration products and services.
WASHINGTON-- The AFL-CIO has endorsed a nationwide consumer boycott of American Crystal Sugar products to protest its 14- month lockout of union workers.
--Land O' Lakes might not reduce the acquisition-related debt enough to improve debt leverage during our outlook period, meaning credit measures may remain weaker than expected beyond fiscal 2013..
OMAHA, Neb.-- Little or no economic growth is likely this year in most of the nine Midwest and Plains states covered by a survey of business leaders, but the booming oil business will continue to drive growth in North Dakota and Oklahoma, according to the report released Monday.