Patrick Kennedy
Reporter
Business, ResearchKennedy also has written about nonprofit organizations and mergers and acquisition activity.
Latest from Patrick Kennedy
MN Fortune 500
One Minnesota CEO decided he needed to move here to make impactful changes
Analysts say Dave Bozeman’s strategies have already made a difference at Eden Prairie’s C.H. Robinson, one of the largest logistics companies in the world.
February 22, 2025
MN Fortune 500
Slew of Minnesota companies beyond Target go mute on DEI
With President Donald Trump’s executive orders, some, like 3M, are taking diversity, equity and inclusion off their websites.
February 13, 2025
MN Fortune 500
Ecolab helps firms manage their water, pinning big hope on AI, data center growth
Ecolab exceeded analyst epectatations for quarter, forecast growth of 12 to 15% for 2025.
February 11, 2025
MN Fortune 500
Polaris cut $250M out of costs in 2024, including 10% of workforce
The Medina-based company, the country’s largest powersports maker, continues to struggle in a weak retail environment, with earnings dropping 90% in fourth quarter.
January 28, 2025
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
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