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Top News & Analysis Minnesota

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  • DES MOINES, Iowa— The U.S. government expects to spend $191 million to pay chicken and turkey farmers for birds lost to avian flu, Agriculture Secretary Tom Vilsack said Tuesday as he called for Congress to consider a disaster program for poultry producers similar to that for other livestock farmers. Iowa, Minnesota and Missouri lost the most birds.

  • *Baidu slumps after results miss expectations. China's top securities regulator said on Monday that Beijing would keep buying shares to stabilize the market, after the steepest decline in Chinese stocks in eight years. Baidu slumped as much as 17.7 percent to $162.72 after China's biggest Internet search company's quarterly profit missed estimates.

  • *Baidu slumps after results miss expectations. Baidu slumped as much as 17.7 percent to $162.72 after China's biggest Internet search company's quarterly profit missed estimates. United Parcel Service rose 3.9 percent to $98.85 after the company's quarterly profit rose.

  • NEW YORK— SuperValu said Tuesday that it may spin off its discount grocer Save-A-Lot into a separate publicly traded company as competition in the industry intensifies. Shares of SuperValu Inc. jumped more than 10 percent in late trading Tuesday. SuperValu Inc. has been getting smaller in recent years, selling its Albertsons, Jewel-Osco and other chains.

  • Ecolab meets 2Q profit forecasts Tuesday, 28 Jul 2015 | 8:39 AM ET

    ST PAUL, Minn. _ Ecolab Inc. on Tuesday reported second-quarter earnings of $302 million. For the current quarter ending in September, Ecolab expects its per-share earnings to range from $1.24 to $1.31. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.31.

  • SuperValu tops 1Q profit forecasts Tuesday, 28 Jul 2015 | 8:15 AM ET

    EDEN PRAIRIE, Minn.— SuperValu Inc. on Tuesday reported fiscal first-quarter profit of $61 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. SuperValu shares have decreased 24 percent since the beginning of the year.

  • Capella beats 2Q profit forecasts Tuesday, 28 Jul 2015 | 6:52 AM ET

    MINNEAPOLIS _ Capella Education Co. on Tuesday reported second-quarter profit of $10.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Public radio's 'Wits' show canceled Monday, 27 Jul 2015 | 3:18 PM ET

    ST. PAUL, Minn.— Minnesota- based American Public Media has canceled the "Wits" radio show and put the podcast and stage show on hold. In a statement, "Wits" creator and host John Moe said there will be no stage programs in Minnesota or on the road this fall. Guests had included Zach Galifianakis, Patton Oswalt and "Weird Al" Yankovic.

  • Apple Watch will be sold at some Best Buy stores Monday, 27 Jul 2015 | 1:47 PM ET

    NEW YORK— The Apple Watch is heading to some Best Buy stores ahead of the holiday shopping season. Best Buy Co. says it will sell the Apple Watch at 100 of its stores and on its website on August 7. Best Buy, which has more than 1,000 stores in the U.S., says it's the first national retailer to sell the watch outside of Apple Inc.' s stores.

  • OneBeacon posts 2Q profit Monday, 27 Jul 2015 | 8:21 AM ET

    MINNETONKA, Minn. _ OneBeacon Insurance Group Ltd. on Monday reported second-quarter earnings of $3.4 million. On a per-share basis, the Minnetonka, Minnesota- based company said it had net income of 3 cents. Keywords: OneBeacon Insurance Group, Earnings Report.

  • WASHINGTON— State-run health insurance markets that offer coverage under President Barack Obama's health law are struggling with high costs and disappointing enrollment. Hawaii's marketplace, the latest cautionary tale, was awarded $205 million in federal startup grants. Twelve states and the District of Columbia fully control their markets.

  • BOSTON— A day after the country's second major theater shooting in recent history, some rattled observers shunned future movie outings, but others on Friday kept lining up at box offices around the country and vowed not to be kept away by fear. "You can't live your life like it's always going to happen," said Aaron Dicks, 31, who was at an AMC theater in Roseville,...

  • He lost half of a year's normal production and income and won't be able to sell turkeys for months, but the central Minnesota farmer feels good to be getting back to normal. A USDA update Friday said scientists still haven't nailed down the specific ways the virus spreads from the wild into barns but research is continuing in Iowa, Nebraska, Minnesota, the Dakotas...

  • Glance: The new 'Big Three' of health coverage Friday, 24 Jul 2015 | 1:33 PM ET

    Anthem Inc.' s $48 billion purchase of rival Cigna Corp. is set to create the nation's largest health insurance company. The combination, in tandem with Aetna Inc.' s pending purchase of rival insurer Humana Inc., would leave three health insurers that would dominate the rapidly changing industry landscape in the U.S. HEADQUARTERS: Anthem in Indianapolis; Cigna...

  • VIRGINIA, Minn.— The United Steelworkers union says it expects all laid off employees at U.S. In a statement on the Local 1930 website, local president Lowell Carlon says the company has already recalled 68 maintenance and other employees in preparation. The Mountain Iron facility employs about 1,500 people.

  • SPS Commerce beats Street 2Q forecasts Thursday, 23 Jul 2015 | 7:03 PM ET

    MINNEAPOLIS _ SPS Commerce Inc. on Thursday reported second-quarter earnings of $651,000. For the current quarter ending in September, SPS Commerce expects its per-share earnings to range from 19 cents to 20 cents. SPS Commerce expects full-year earnings in the range of 73 cents to 77 cents per share, with revenue ranging from $156.9 million to $158.4 million.

  • The potential life sentence for former Peanut Corporation of America owner Stewart Parnell was disclosed by prosecutors in a court filing Wednesday. Parnell, 61, is scheduled to be sentenced Sept. 21 by a federal judge in Albany, Georgia. "Bill Marler, a lawyer for victims sickened by peanut butter from Parnell's southwest Georgia plant, used the same word.

  • Digi International posts 3Q profit Thursday, 23 Jul 2015 | 5:42 PM ET

    MINNETONKA, Minn. _ Digi International Inc. on Thursday reported fiscal third-quarter net income of $2.5 million, after reporting a loss in the same period a year earlier. For the current quarter ending in September, Digi International said it expects revenue in the range of $53 million to $56 million. Digi International shares have climbed roughly 3 percent...

  • MOORHEAD, Minn.— The Dairy Queen in downtown Moorhead has been thumbing its nose at corporate HQ pretty much since it opened in 1949, despite some efforts from the home office to have the store mind its Ds and Qs. And it's a recipe that seems to be working for one of the few DQs in the country still operating under a 66- year-old contract that allows them to dish up...

  • "We are talking to retirement-aged clients and telling them that traditional investing won't work anymore," said Mike Sorrentino, chief investment strategist at Global Financial Private Capital, a Florida- based firm that manages more than $6 billion in assets. Investors who habitually bought bonds and bank certificates of deposit have to look elsewhere for...