Skip to main content

Minnesota stocks gaining ground

Even before the Fed made its big announcement last week that it would try to juice the economy by buying large quantities of mortgage bonds, most of Minnesota's biggest companies were gaining ground, the Star Tribune reports. Total return for the Bloomberg-Star Tribune 100 index of Minnesota stocks was up 13.8 percent through Friday, with 65 gainers and 33 losers, the newspaper reported.
  • Author:
  • Updated:
    Original:

Even before the Fed made its big announcement last week that it would try to juice the economy by buying large quantities of mortgage bonds, most of Minnesota's biggest companies were gaining ground, the Star Tribune reports. Total return for the Bloomberg-Star Tribune 100 index of Minnesota stocks was up 13.8 percent through Friday, with 65 gainers and 33 losers, the newspaper reported.

Next Up

Screen Shot 2022-08-13 at 1.26.13 PM

Workers at Minneapolis Trader Joe's become 2nd in nation to unionize

The vote was certified by the National Labor Relations Board Friday.

ATV, all-terrain vehicle

Driver killed in ATV crash in Brooklyn Park

The crash occurred in Monroe Park Friday night.

ambulance

Woman killed by suspected drunk-driver in St. Louis County

The crash occurred on Highway 21 in Embarrass Township Friday night.

Jaelyn Campbell

11-year-old girl missing from Mille Lacs County

Jaelyn Campbell was last seen in Onamia.

Screen Shot 2022-08-12 at 1.58.08 PM

2 ejected, 1 killed in crash that closed southbound I-35

The State Patrol says neither were wearing seat belts.

best buy

Best Buy makes job cuts weeks after warning of soft sales

The Richfield retailer has been dealing with a shift in consumer trends.

Screen Shot 2022-08-12 at 10.26.20 PM

Man makes 'vague comments' about Jewish people, smashes own car with club

It happened at a course that was founded as a Jewish country club 100 years ago.

Screen Shot 2022-08-12 at 9.59.07 PM

4 abandoned puppies found in a bucket in Willmar

The puppies were in good health when they were discovered.

Minneapolis police

Suspect of home invasion, murder in Minneapolis arrested in Wisconsin

There have been 57 deaths reported as homicides in Minneapolis this year.

Carson McCoy

Charges: Man stole handgun from house, fired at motorcyclists from car

A chaotic scene that led to a police chase unfolded after an alleged burglary in Ham Lake.

Mounds view 7 - crime scene

BCA's Uniform Crime Report shows violent crime in MN spiked in 2021

The report details violent crime trends in the seven-county metro and Greater Minnesota.

Screen Shot 2022-08-12 at 4.49.22 PM

Search for vulnerable man, 66, missing from Brooklyn Park

Alex Ramirez was last seen in the early hours of Thursday morning.

Related

Report finds Minnesota struggling to gain ground against foreclosures

A report from the McKnight Foundation finds the number of foreclosures prevented by housing agencies and advocacy groups is going up. But not quite as fast as the number of foreclosures.

Accretive stock plunges on regulator's report

Chicago-based Accretive Health Inc.'s stock was down more than 11 percent after it was announced Thursday that aggressive collection practices at a Minnesota hospital formerly affiliated with the company violated federal patient protection laws, the Chicago Tribune reports.

Minnesota students still above average, but others are gaining

The latest numbers show Minnesota students gaining in math and holding steady in reading. But Minnesota education officials say other states are making bigger strides. “We are still ahead of the curve, but that won’t be the case for long if other states continue to gain ground while we simply hold steady," says education commissioner Brenda Cassellius.

Star Tribune gains a majority owner

For the first time since emerging from bankruptcy nearly three years ago, the parent company of the Star Tribune will have a majority owner, the newspaper reports. Wayzata Investment Partners, the largest minority shareholder of the media company, received approval from other shareholders to increase its ownership stake to 58.2 percent from 49.8 percent in a $4.1 million deal.

Minnesota's 'Dressy Jessie' gaining national attention

Jessica Mooney of Minneapolis, better known as "Dressy Jessie" on Facebook, will appear on NBC's Today Show next week. Every weekday for the last three years, Mooney posted a photo of herself made up in a different costume. So far, there are over 700 photos and counting.

Financial conflict halts construction on Minnesota's African American Museum

A mansion renovation in Minneapolis that will be the home of Minnesota's only African American museum came to halt after construction workers walked off the job. KSTP reports the state-issued bond to fund the work fell through after the mansion's mortgage lender would not comply with the requirements of the bond.