Patrick Kennedy
Reporter
Business, ResearchKennedy also has written about nonprofit organizations and mergers and acquisition activity.
Latest from Patrick Kennedy
Business
Fastenal’s year-end results couldn’t overcome slow manufacturing, industrial activity
The Winona-based company’s fourth-quarter results failed to meet analyst expectations after holiday plant shutdowns dragged down sales.
January 17, 2025
Business
Twin Cities-based investing chiefs predict a bumpy year for stock markets
But participants in the annual Investors Roundtable also believe markets will end the year with growth, as President-elect Donald Trump’s policies come into focus and trends like AI continue.
December 29, 2024
Business
Eden Prairie’s Northern Oil and Gas takes unusual step to deny rumors of high-priced acquisition
NOG has been growing aggressively through acquisitions of oil and gas properties but denies it is making a deal with Granite Ridge.
December 23, 2024
Business
In another sign of distress in leisure sector, Eden Prairie-based Winnebago posts quarterly loss
The Eden Prairie-based company saw sales drop 18% from a year ago but anticipates a market rebound in the second half of its fiscal year.
December 21, 2024
Business
Minn. window makers Andersen, Marvin continue holiday bonus tradition
The family-owned companies doled out $67.8M this year.
December 20, 2024
MN Fortune 500![GLEN STUBBE � gstubbe@startribune.com -- Tuesaday, July 13, 2010 -- St. Cloud, Minn. -- ] Arctic Cat's St. Cloud plant. The company recently announced plans to produce snowmobile engines there making them more vertically-integrated. ORG XMIT: MIN2012091320223569 ORG XMIT: MIN1304051542286038](https://arc.stimg.co/startribunemedia/EIPHX4JD3ZG252WMI7S4SPEDQI.jpg?&w=252&ar=3:2&fit=crop)
Arctic Cat owner stopping all production, could sell the Minnesota snowmobile and ATV maker
Textron Inc. had already announced it was halting factory work in Thief River Falls and cutting the workforce; now, St. Cloud operations also will be affected as powersports industry continues to hit bumps.
December 19, 2024
Retail
Regis’ largest franchisee wanted out of the business, so the beauty business bought back 314 salons
Minneapolis-based Regis, which also runs the Cost Cutter and SuperCuts chains, is changing its strategy again with the $22 million transaction.
December 19, 2024
MN Fortune 500![Patterson Companies Mendota Heights, Minnesota headquarters. ] GLEN STUBBE * gstubbe@startribune.com Friday, June 19, 2015](https://arc.stimg.co/startribunemedia/HVAO4BYEC6BDOIDECLGS6NGWNM.jpg?&w=252&ar=3:2&fit=crop)
One of Minnesota’s Fortune 500 companies, Patterson Cos., to go private in $4.1B sale
The Mendota Heights-based provider of dental and animal health supplies and services had announced a review of strategic alternatives a week ago.
December 11, 2024
Business
Minn. window makers Andersen, Marvin continue holiday bonus tradition
The family-owned companies doled out $67.8M this year.
December 20, 2024
MN Fortune 500
Arctic Cat owner stopping all production, could sell the Minnesota snowmobile and ATV maker
Textron Inc. had already announced it was halting factory work in Thief River Falls and cutting the workforce; now, St. Cloud operations also will be affected as powersports industry continues to hit bumps.
December 19, 2024
Retail
Regis’ largest franchisee wanted out of the business, so the beauty business bought back 314 salons
Minneapolis-based Regis, which also runs the Cost Cutter and SuperCuts chains, is changing its strategy again with the $22 million transaction.
December 19, 2024
MN Fortune 500
One of Minnesota’s Fortune 500 companies, Patterson Cos., to go private in $4.1B sale
The Mendota Heights-based provider of dental and animal health supplies and services had announced a review of strategic alternatives a week ago.
December 11, 2024