St. Paul-based Ecolab posted second quarter sales that jumped 74 percent to $3 billion thanks to its December acquisition of liquid filtration giant Nalco, the Star Tribune reports. Excluding Nalco, sales rose 3 percent during the quarter. All combined, net income jumped an impressive 47 percent to $184.5 million, or 62 cents a share.
Flooding expected to worsen in MN's Arrowhead region
Hundreds of private homes are at-risk in northern St. Louis County.
St. Paul police: Kids in stolen car rammed squad, hid in porta-potty
The incident sent the Minnesota Capitol into a brief lockdown.
Watch: Storm updates after heavy hail slams Twin Cities
Sven Sundgaard is providing an update after Thursday's flash hail storm.
MN GOP apologizes over antisemitic sequence in candidate's campaign video
Party leader says candidate didn't know the imagery perpetuated an antisemitic trope.
Tornado, severe thunderstorm watches issued in Minnesota
In addition to possible tornadoes, there is a threat for damaging winds and very large hail.
High prices, stiff competition putting off homebuyers in Twin Cities
Prices continue to rise in the metro, but there are signs of buyer fatigue.
Series of explosions at manufacturing plant injures 6 in Wisconsin
The blast rocked the Wisconsin town just before 7:45 a.m.
MN researcher part of team behind 'revolutionary' discovery of ancient tooth in Laos
The molar found in a remote cave is believed to have belonged to a Denisovan girl who lived 164,000-130,000 years ago.
Gallery: Minneapolis penthouse comes with private elevator and 24-foot ceilings
The custom-designed home is on the market for $500K
Charges: Sting catches MN principal trying to hire child prostitute
Authorities alleged Mohamed Selim attempted to meet a 15-year-old girl for sex on Tuesday.
Nominate a 'local hero' to get a dozen Cub donuts from Salvation Army
The organization is looking for 1,000 volunteers to help with the effort in the metro.
Ecolab sees record sales in first quarter, but acquisition costs stifle earnings
The St. Paul-based maker of cleaning products is feeling the effects of its merger with the water treatment company Nalco Holding. Revenue was up 85 percent in the first quarter, but the cost of integrating the two companies sent earnings downward.
Capella Education reports net income fell 25 percent in 2Q
The Minneapolis-based for-profit education provider reports total active student enrollment in the second quarter fell 4.6 percent and new enrollment declined by 6 percent. Capella says third-quarter enrollment could increase for the first time in nearly two years.
Hormel 2Q profit jumps 17 percent to beat Wall Street predictions
The Austin-based food maker says strong demand for its Jennie-O products and Spam helped boost sales in the quarter that ended in April.
Ecolab to acquire chemical company Champion for $2.2 billion
St. Paul-based Ecolab plans to buy Houston-based Champion Technologies Inc. for about $2.2 billion in cash and stock to complement last year’s purchase of Nalco Holding Co. and grab a larger share of the oilfield-chemicals business, Bloomberg News reports.
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