Minnesota Business

Bruce A. Finlayson, PhD, Presented with the Albert Nelson Marquis Lifetime Achievement Award by Marquis Who's Who

14 12 2017

    SEATTLE, WA, December 14, 2017 -- Marquis Who's Who, the world's premier publisher of biographical profiles, is proud to present Bruce A. Finlayson, PhD, with the Albert Nelson Marquis Lifetime Achievement Award. An accomplished listee, Dr. Finlayson celebrates many years' experience in his professional network, and has been noted for achievements, leadership qualities, and the credentials and successes he has accrued in his field. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.Professor emeritus of chemical engineering at the University of Washington since 2005, Dr. Finlayson taught chemical engineering and applied mathematics for 40 years. He also chaired the department for nearly 9 years and was a Rehnberg professor from...

Winnebago Industries Board of Directors Approve Quarterly Cash Dividend of $0.10 per Share

13 12 2017

FOREST CITY, Iowa, Dec. 13, 2017 -- Winnebago Industries, Inc. (NYSE:WGO), a leading recreation vehicle manufacturer, today announced that on December 13, 2017, the Company’s Board of Directors approved a quarterly cash dividend of $0.10 per share payable on January 24, 2018, to common stockholders of record at the close of business on January 10, 2018.About Winnebago IndustriesWinnebago Industries, Inc. is a leading U.S. manufacturer of recreation vehicles under the Winnebago and Grand Design brands, which are used primarily in leisure travel and outdoor recreation activities.  The Company builds quality motorhomes, travel trailers and fifth wheel products. Winnebago Industries has multiple facilities in Iowa, Indiana, Oregon and Minnesota. The Company's common stock is listed on the New York and Chicago Stock Exchanges and traded under the symbol WGO.  Options for the Company's common stock are traded on the Chicago Board Options Exchange.  For access to Winnebago...

Aloha, Sleep Number!

13 12 2017

KAPOLEI, Hawaii--(BUSINESS WIRE)--Sleep Number (NASDAQ: SNBR) recently celebrated the opening of its first retail store in Hawaii. Now, Sleep Number customers in all 50 states can shop in-store for Sleep Number’s proprietary and innovative solutions. “I’m extremely proud of opening a store in our 50th state – it’s a significant milestone for our brand, especially amidst a challenging retail environment,” said Andy Carlin, Chief Sales and Service Officer at Sleep Number. “With our smart, effortless sleep technology, we are improving our customers’ well-being by redefining quality sleep. And we are thrilled to bring that to the state of Hawaii, and to improve even more lives by enhancing their sleep quality.” Before officially opening its doors, Sleep Number hosted a traditional Hawaiian blessing, which honors local culture and helps usher in goodness, success and growth to the store. The new 3,600 square-foot store opened Friday, Dec. 8, and employs four sleep experts...

CenterPoint Energy increases quarterly dividend 4 percent to 27.75 cents per share

13 12 2017

HOUSTON, Dec. 13, 2017 -- CenterPoint Energy, Inc. (NYSE: CNP) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.2775 per share of common stock, payable on March 8, 2018, to shareholders of record at the close of business on February 15, 2018. This represents approximately a 4 percent increase from the previous quarterly dividend of $0.2675, and if annualized, would equate to $1.11 per share. "I am pleased that for the thirteenth consecutive year, CenterPoint Energy is raising its dividend," said Scott M. Prochazka, president and chief executive officer of CenterPoint Energy.  "This increase demonstrates a strong commitment to our shareholders and the confidence the board of directors has in our ability to deliver sustainable earnings and cash flow." CenterPoint Energy will begin utilizing a standardized payment schedule for future dividends with dividends payable on the second Thursday of March, June, September and December to shareholders...

Toll Brothers Announces Cash Dividend

13 12 2017

HORSHAM, Pa., Dec. 13, 2017 -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today announced that its Board of Directors has approved a quarterly cash dividend to shareholders.  The dividend of $0.08 per share will be paid on January 26, 2018 to shareholders of record on the close of business on January 12, 2018. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/814fb041-e889-497b-a7cb-e52b3259227aToll Brothers, Inc., A FORTUNE 500 Company, is the nation's leading builder of luxury homes. The Company began business fifty years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates in 20 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Maryland,...

Invisible Fence® Brand Acknowledges Dealer Excellence with 2017 Awards

13 12 2017

“Each of this year’s 37 winners has truly excelled in a variety of crucial business areas and are, in fact, the faces of our brand on the ground,” said Ed Hoyt, Director of Invisible Fence® Brand KNOXVILLE, Tenn. December 13, 2017 Invisible Fence® Brand recognized top performers among their large network of authorized dealers. The 2017 National Dealer Circle of Excellence Awards continues a decades-old tradition for the prominent electronic pet fence brand. The award honors dealer accomplishments in a variety of small-business disciplines including customer care, training, installation, sales, and business operations. “Each of this year’s 37 winners has truly excelled in a variety of crucial business areas and are, in fact, the faces of our brand on the ground,” said Ed Hoyt, Director of Invisible Fence® Brand, “It’s a small gesture, however, the award comes with a paramount appreciation for these teams, business models, and overall professionalism.” This year’s...

17-year-old girl, Olivia Crutchfield, visits Cuba and donates $1,000 to a Camp for Children with Skin Diseases

13 12 2017

Olivia is shown presenting a check for Camp Discovery of the AAD to Neil A. Shah, MD, FAAD, President-Elect, Minnesota Dermatological Society, Deputy Chair of Coding and Reimbursement Task Force "The mission of the camp is close to my heart; my little brother has suffered with alopecia areata for 12 years." EAGAN, Minn. December 13, 2017 Olivia Crutchfield, a senior at Eagan High School, Eagan, Minnesota, visited Cuba and took some spectacular photographs. So stunning, that her father, dermatologist Charles E. Crutchfield III, MD of St. Paul, Minnesota, hung several of the pictures on the wall in his office’s reception area. The comments were so positive, and the demand for prints became so great from patients, that they started selling Olivia’s Cuba photographs to the tune of $1,000. Olivia volunteered as a counselor at Camp Discovery, a United States camp for children with skin diseases last summer. "I was so lucky and proud to serve as a Camp Discovery counselor last summer....

Heartland Financial USA, Inc. Declares Special Cash Dividend

13 12 2017

DUBUQUE, Iowa, Dec. 13, 2017 -- Heartland Financial USA, Inc. (NASDAQ:HTLF), announced that its board of directors declared a special cash dividend of $0.07 per share on the company's common stock at its meeting Tuesday. The special dividend is payable on December 29, 2017, to stockholders of record at the close of business on December 22, 2017. Together with the four regular cash dividends paid in 2016, the special dividend brings the total dividends paid this year to $0.51 per common share.“It is rewarding to recognize outstanding performance through dividend payments to our stockholders,” said Lynn B. Fuller, Heartland’s chairman and chief executive officer. “2017 was a successful financial year and can be attributed to solid net interest margin, closure and smooth conversion of Citywide Banks, our largest merger to date, and continued focus on achieving operating efficiencies and organic growth.”Heartland has paid a dividend in every quarter since the company’s inception...

Ulteig Names Jeremy Alinder Vice President of Finance, Transitioning to Chief Financial Officer

13 12 2017

FARGO, N.D., Dec. 13, 2017 -- Ulteig, a leading provider of design engineering, program management and technical and field services, announces the appointment of Jeremy Alinder as Vice President of Finance. After a brief transition period, Mr. Alinder will become the company's Chief Financial Officer (CFO). Mr. Alinder joins Ulteig with over twenty years of financial leadership experience. Most recently, he served as CFO – USA Operations for Fluence Corporation, LLC. Prior to that, Mr. Alinder held leadership positions in multiple organizations, including Pentair, Ltd. and Hillcrest Capital Partners. He also served as an independent consultant, helping large construction and agriculture companies with growth plans and acquisition strategies. "Jeremy brings versatility and strong strategic skills to this role as a result of the breadth of experience he gained at both privately-held and publically traded companies," said Doug Jaeger, President and CEO of Ulteig. "His financial...

Heartland Financial USA, Inc. Announces Plan to Acquire First Bank Lubbock Bancshares, Inc. in Texas

13 12 2017

DUBUQUE, Iowa and LUBBOCK, Texas, Dec. 12, 2017 -- Dubuque, IA-based Heartland Financial USA, Inc. (“Heartland”) (NASDAQ:HTLF) and Lubbock, TX-based First Bank Lubbock Bancshares, Inc. (“FBLB”) jointly announced today that they have entered into a definitive merger agreement pursuant to which FBLB and its wholly-owned subsidiary, FirstBank & Trust, will be acquired by Heartland.  This is the second merger announcement for Heartland within the last 30 days as it prepares to pass $10 billion in assets.Based on Heartland’s closing common stock price of $50.15 per share on December 11, 2017, the stock and cash transaction is valued at approximately $185.6 million (including the cash consideration to be paid to holders of FBLB’s stock appreciation rights).  The actual transaction value will change due to fluctuations in the price of Heartland common stock and is subject to certain adjustments. FirstBank & Trust is a commercial and retail bank, headquartered...

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