The Minneapolis bank -- the fifth largest in the country -- reports profits are up significantly for the third quarter this year. The bank has grown its lending business and benefited as fewer borrowers fall behind.
The State Patrol says neither were wearing seat belts.
The Richfield retailer has been dealing with a shift in consumer trends.
It happened at a course that was founded as a Jewish country club 100 years ago.
The puppies were in good health when they were discovered.
There have been 57 deaths reported as homicides in Minneapolis this year.
A chaotic scene that led to a police chase unfolded after an alleged burglary in Ham Lake.
The report details violent crime trends in the seven-county metro and Greater Minnesota.
Alex Ramirez was last seen in the early hours of Thursday morning.
But the companies will still be able to recoup $600 million.
Mass layoffs were expected at Gannett-owned outlets across the country.
According to the lawsuit, 17 Minnesota homeowners were affected by this scam.
The men were arrested in Chicago.
Minneapolis-based U.S. Bancorp reported high-than-expected quarterly profit as revenue rose and set aside less money for bad loans. The fifth-largest U.S. commercial bank posted a net income of $1.42 billion in the second-quarter.
The medical-device maker reports second-quarter profits up significantly from a year ago, when the company was tangled up in legal troubles.
The Minneapolis-based bank beat Wall Street expectations posting a $1.35 billion profit in the fourth quarter. U.S. Bank also posted record earnings of $4.87 billion for the year. The company reports lending activity increased more than 16 percent.
Inver Grove Heights-based CHS Inc. -- the largest farmer-owned cooperative in the United States -- reported net income of $405 million thanks to strong energy performance. Revenue increased nearly 5 percent to hit $11 billion. The Wall Street Journal notes CHS reported its second-quarter profit dropped 60 percent.
U.S. Bancorp, parent company of U.S. Bank, posted a record net income of $1.47 billion, a 16 percent jump from $1.27 billion a year-earlier, Bloomberg reports. “Earnings included continued strong mortgage-banking activity, which contributed to our growth in fee income, residential real estate loans and loans held for sale,” said CEO Richard Davis.
Lower expenses and a 10 percent sales growth helped boost Fastenal Co's third-quarter net income by 13 percent, RTTNews reports. The Winona-based company, an industrial and construction supplier, posted a profit of $109.3 million, or 37 cents a share, compared to $96.8 million, or 33 cents a share, a year ago.
St. Jude Medical, Inc. reported a 22 percent drop in profits for the third quarter, MarketWatch reports. The Little Canada-based medical equipment supplier and manufacturer posted a profit of $176 million, down from $227 million a year ago.
Boosted by double-digit sales growth across all of its product lines, Polaris Industries Inc. posted a net income of $94.3 million, a 40 percent jump from $67.6 million in the third quarter a year-ago, the Associated Press reports. The Medina-based all-terrain vehicles maker also lifted its full-year outlook for the third time.
You Can Get BMTN Special Offers!
