ALLETE, Inc. (NYSE: ALE) on Wednesday reported second quarter 2020 earnings of 39 cents per share on net income of $20.1 million. Last year’s results were 66 cents per share on net income of $34.2 million. Results during Q2 included a 16 cent per share charge for the recent Minnesota Power r…
- New York attorney general files lawsuit to dissolve the National Rifle Association
- ALLETE aims for stable results despite COVID-19 impacts
- Louisiana-Pacific reports higher net income
- St. Scholastica offers discount for qualifying new students unemployed by COVID-19
- Racing groups host the 2nd Annual Suicide Prevention Awareness Night
United States Steel Corp. reported a second quarter net loss of $589 million, or $3.36 per diluted share. That compares to second quarter 2019 net earnings of $68 million, or 39 cents per diluted share. The integrated mining and steelmaking giant had liquidity of $2.652 billion, including ca…
Barbara A. Nick, recently retired president and CEO of Dairyland Power Cooperative (DPC), has joined ALLETE’s (NYSE: ALE) board of directors. She was elected by the board July 28.
The Hermantown Area Chamber of Commerce will host a mask distribution event on Wednesday from Noon – 4pm at the City of Hermantown administration parking lot, 5105 Maple Grove Road.
In 1910 on this very day (July 31), Split Rock Lighthouse first shined its light as an aid to navigation. On Thursday, the newest keeper of the light, historic site manager Hayes Scriven, did a video walk-around at the lighthouse.
On July 31, 1884, ten wooden ore cars holding 20 tons each left the Minnesota Mine in Soudan enroute to Two Harbors, 68-miles through the northeastern Minnesota wilderness.
The Duluth paper mill owned by Verso Corp. will be idled indefinitely, the corporation (NYSE: VRS) announced last month, affecting more than 200 good-paying jobs.
“Every single county in Minnesota has a mine.”
Total net sales for the second quarter of 2020 decreased by $40 million for Louisiana-Pacific versus the prior year to $548 million compared to the second quarter of 2019. Net income increased by $16 million over the prior year to $33 million, or 29 cents per diluted share.
St. Luke’s Rejuvenation Center has opened.
State regulators on Thursday set a new submission date for Minnesota Power’s
Coronavirus hospitalizations continued to head the wrong direction in Minnesota as state health officials warned of another potential petri dish for spreading the virus here and across the nation: the upcoming Sturgis motorcycle rally in South Dakota.
Essentia Health-St. Mary’s Medical Center in added Dr. Michael Ritchie, a hospitalist, to its team. He earned his medical degree from St. George’s University School of Medicine in Grenada, West Indies, and completed a residency at Abbott Northwestern Hospital in Minneapolis.
DSGW Architects has named associate and architect Steve Knutson to the role of principal. Knutson has worked for DSGW for the past 13 years and has played a pivotal role in supporting Native American communities from the Pacific Northwest, Southwest and Midwest.
Adam Lorch has been named chief meteorologist of KBJR 6.
National Bank of Commerce (NBC), has expanded its commercial banking team by repositioning Cammy Hansen to VP – Senior Commercial Banker.