Good morning from the business news desk of the Star Tribune.
Valspar, the Minneapolis-based paint maker, this morning reported an adjusted profit of 70 cents a share for its fiscal first quarter that ended Jan. 24. Analysts expected 66 cents. Revenue at $956 million also beat estimates that averaged at $950 million.
Stock futures are flat just a few minutes ahead of the open. Shares in Asia and Europe were higher overnight but most did not bounce upward as much as the U.S. market did yesterday. Frankfurt and Hong Kong made the biggest moves.
New York. Life is so tough there...
Veteran Minneapolis lawyer George Soule, an advisor to two governors on the selection of judges and a founding partner of the firm Bowman and Brooke, is starting his own firm after 34 years of practice. Soule is joining forces with another Bowman and Brooke attorney, Melissa Stull, to form Soule & Stull to specialize in product liability, commercial litigation and dispute resolution.