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Wednesday A.M. Report

C.H. Robinson profit down slightly in Q4, Thomson Reuters buys Super Lawyers, Toro CEO Hoffman’s compensation falls in ’09, and Chambers Hotel joins Le Méridien flag.

C.H. Robinson profit down slightly in Q4: C.H. Robinson Worldwide’s earnings fell slightly in the fourth quarter, as lower transportation rates shrank margins, the company reported Tuesday. The Eden Prairie-based trucking and logistics company reported a third-quarter profit of $87.7 million, down from $88.9 million. Read full story

Thomson Reuters buys Super Lawyers: Thompson Reuters’ legal business has acquired Super Lawyers, a publication that rates attorneys, the company announced Tuesday. Super Lawyers is published in print and online by Minneapolis-based Key Professional Media. Thomson, whose legal division is based in Eagan, didn’t disclose terms of the deal. Super Lawyers uses a nomination process and independent research to rate lawyers in each state. Read full story

Toro CEO Hoffman’s compensation falls in ’09: Toro CEO, Chairman and President Michael Hoffman receive $2.08 million in total compensation last year, down from $2.85 million in 2008, according to a U.S. Securities and Exchange Commission filing. Bloomington-based Toro, which makes lawn mowers and other outdoor maintenance equipment, paid Hoffman a salary of $766,665, down from $825,110 in 2008. Read full story

Chambers Hotel joins Le Méridien flag: The Chambers Hotel in downtown Minneapolis has joined the Le Méridien chain, the brand’s parent company, Starwood Hotels & Resorts Worldwide, announced Tuesday. The art-focused boutique hotel will be Starwood’s 10th Le Méridian in North America; it also marks a return of the brand to Minneapolis. Read full story