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  • Toro posts 1Q profit Thursday, 19 Feb 2015 | 8:45 AM ET

    BLOOMINGTON, Minn. _ Toro Co. on Thursday reported fiscal first-quarter earnings of $31 million. The Bloomington, Minnesota- based company said it had profit of 54 cents per share. Toro expects full-year earnings to be $3.35 to $3.45 per share.

  • Famous Dave's reports 4Q loss Thursday, 19 Feb 2015 | 8:21 AM ET

    MINNETONKA, Minn. _ Famous Dave's of America Inc. on Thursday reported a fourth-quarter loss of $2.5 million, after reporting a profit in the same period a year earlier. The Minnetonka, Minnesota- based company said it had a loss of 35 cents per share. For the year, the company reported profit of $2.9 million, or 40 cents per share.

  • CLEAR LAKE, Iowa— Officials said Thursday that San Francisco- based McKesson Corp. would occupy a new 340,000- square-foot distribution center in Clear Lake, ending a nearly yearlong mystery about the company's identity. That ended with the announcement by Clear Lake Mayor Nelson Crabb, who revealed McKesson was the company, a day before its name would have...

  • MINNEAPOLIS— Toyota Motor Corp. is asking a federal court to reduce the amount of money it was ordered to pay plaintiffs who successfully sued the automaker over a fatal crash in St. Paul. In a motion filed in U.S. District Court, Toyota also argued that the driver of the Toyota Camry involved in the fatal collision, Koua Fong Lee, should be required to pay $4 million of...

  • Patterson Cos. misses Street 3Q forecasts Thursday, 19 Feb 2015 | 7:12 AM ET

    ST. PAUL, Minn. _ Patterson Cos. on Thursday reported fiscal third-quarter net income of $54.7 million. Patterson Cos. expects full-year earnings to be $2.20 to $2.30 per share. Patterson Cos. shares have increased slightly more than 4 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 2 percent.

  • Hormel beats 1Q profit forecasts Thursday, 19 Feb 2015 | 6:39 AM ET

    AUSTIN, Minn. _ Hormel Foods Corp. on Thursday reported fiscal first-quarter profit of $171.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. Analysts expected $2.43 billion, according to Zacks.

  • Datalink misses 4Q profit forecasts Wednesday, 18 Feb 2015 | 5:42 PM ET

    CHANHASSEN, Minn. _ Datalink Corp. on Wednesday reported fourth-quarter net income of $3.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. For the current quarter ending in March, Datalink expects its per-share earnings to range from 14 cents to 19 cents.

  • LIVESTOCK-Strong beef prices lift CME live cattle futures Wednesday, 18 Feb 2015 | 4:41 PM ET

    *USDA cattle report on Friday. CHICAGO, Feb 18- Chicago Mercantile Exchange live cattle futures closed higher on Wednesday on short-covering in response to the jump in wholesale beef values, traders said. February closed up 0.575 cent per lb to 159.175 cents, and April 1.900 cents higher at 152.625 cents.

  • How to handle an employee's offensive social media post Wednesday, 18 Feb 2015 | 1:08 PM ET

    NEW YORK— When one of Ileaa Swift's employees posted homophobic comments on Facebook, the reaction was quick. "It posted around 1 in the morning. The next morning, when I got up, I had all these calls and emails and hate mail, "says Swift, owner of Swift Travel Deals in Little Rock, Arkansas.

  • EnteroMedics reports 4Q loss Wednesday, 18 Feb 2015 | 7:24 AM ET

    ST PAUL, Minn. _ EnteroMedics Inc. on Wednesday reported a loss of $6.2 million in its fourth quarter. The St Paul, Minnesota- based company said it had a loss of 9 cents per share. For the year, the company reported that its loss widened to $26.1 million, or 39 cents per share.

  • WASHINGTON— In recent months, the stage seemed set for American consumers to do what they've traditionally done best: Spend money— and drive the economy. The lowest gas prices in five years had given people more spending money. Even though Americans spent $6.7 billion less at gas stations in January than they had two months earlier, the extra cash didn't get spent...

  • CHICAGO, Feb 17- Chicago Mercantile Exchange live cattle futures finished sharply lower on Tuesday on profit-taking following Friday's rally, traders said. February closed 1.400 cents per lb lower at 158.600 cents, and April down 2.500 cents at 150.725 cents. West Coast port slowdowns and disappointing volume of cattle sold last week, albeit at higher prices,...

  • Pelosi leads House Democrats visiting Cuba Tuesday, 17 Feb 2015 | 11:25 AM ET

    WASHINGTON— House Minority Leader Nancy Pelosi led a delegation of Democrats from her chamber on a visit to Cuba on Tuesday that her office said was aimed at further improving U.S. relations with the island nation. "This delegation will work to advance the U.S.- Cuba relationship and build on the work done by many in the Congress over the years, especially with...

  • WATFORD CITY, N.D.— Every morning as principal Brad Foss arrives at his school— after just a 60- second commute— he's reminded of oil's giant footprint in this town. There's the revolving-door student roster that reads like random pages of a school atlas: Jiang from China, Emma from Utah, Jose from Guatemala, Omar from Arizona. Like the rest of this town, Watford...

  • Allete beats 4Q profit forecasts Tuesday, 17 Feb 2015 | 8:48 AM ET

    DULUTH, Minn. _ Allete Inc. on Tuesday reported fourth-quarter earnings of $32.9 million. Allete expects full-year earnings to be $3 to $3.20 per share. Allete shares have dropped almost 3 percent since the beginning of the year.

  • Tile Shop misses Street 4Q forecasts Tuesday, 17 Feb 2015 | 8:18 AM ET

    PLYMOUTH, Minn. _ Tile Shop Holdings Inc. on Tuesday reported fourth-quarter profit of $1.5 million. Tile Shop expects full-year earnings to be 27 cents to 33 cents per share, with revenue in the range of $275 million to $290 million. Tile Shop shares have fallen 3.5 percent since the beginning of the year.

  • Medtronic tops Street 3Q forecasts Tuesday, 17 Feb 2015 | 7:39 AM ET

    MINNEAPOLIS— Medtronic Inc. on Tuesday reported fiscal third-quarter net income of $977 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share. Analysts expected $4.26 billion, according to Zacks.

  • WASHINGTON, Feb 15- When Wisconsin Governor Scott Walker, a potential Republican presidential candidate, traveled on a trade mission to Britain last week, he brought along top officials from his economic development agency to help drum up jobs. "The idea was that Wisconsin policies are better than the national policies and we were going to move ahead of the...

  • It's depressing, "said fraud expert Avivah Litan, vice president and analyst for Gartner Research. The Federal Bureau of Investigation is investigating how fraudulent returns were filed in 19 states through TurboTax software, the Wall Street Journal reported on Wednesday. Social Security numbers, answers to security challenge questions and other private...

  • CHICAGO, Feb 12- Chicago Mercantile Exchange lean hogs closed higher on Thursday, fueled by bargain hunting in the technically oversold market, traders said. Thursday morning's average market-ready or cash hog price in Iowa/ Minnesota dropped $1.35 per cwt from Wednesday to $57.06, the U.S. Department of Agriculture said. Separate USDA data showed the...