Arctic Cat posted a smaller-than-expected loss in its fiscal fourth-quarter, as sales improved across all product lines. The maker of recreational vehicles and snowmobiles said Wednesday that it is reinstating its quarterly dividend and approved the buyback of up to $30 million of its stock due to its strong performance, healthy cash flow and future prospects.
Delta Air Lines is reporting a small first-quarter profit, as passengers paid more to fly.
UnitedHealth Group says its first-quarter net income dropped 14 percent, as the health insurer’s medical costs climbed, and it booked a smaller gain due to leftover insurance claims.
Discount retailer Target Corp. says Thursday that a key revenue measure rose 3.1 percent in January as shoppers bought holiday clearance merchandise.
Delta says its fourth-quarter profit was nearly wiped out by Superstorm Sandy and special charges.
Struggling consumer electronics chain Best Buy said Friday that a key revenue metric declined during the critical holiday season. But its flat performance in the U.S. was better than the past several quarters, and online revenue showed strong growth.
Minnesota collected more tax revenue than forecast in November and December.
The revenue coming in from the electronic pulltab games are not enough to fund the new Vikings stadium.
Target says a key revenue figure rose 2.1 percent in September as shoppers picked up back-to-school items and groceries. Analysts expected a 2.2 increase for revenue in stores open at least one year.
Target says revenue at stores open at least a year rose 4.2 percent in August as families began their back-to-school shopping.
Discount retailer Target Corp. says a key revenue measure rose 2.1 percent in June as shoppers spent more on food and health and beauty items.
The state of Minnesota is $148 million ahead of its revenue projections for the year after last month’s tax collections beat expectations.
Discount retailer Target Corp. said Thursday that a key sales figure rose 4.4 percent in May as shoppers spent more on food and its cheap-chic fashions.
Red Bull’s Crashed Ice contributed to an additional $20 Million spent in the capitol city this past January, according to the City’s officials.
Target Corp. says its revenue at stores open at least a year rose 4.3 percent in January, easily topping Wall Street’s expectations.
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