Friday A.M. Report

Ryan Cos. puts stake in TCF buildings on market: Ryan Cos. US Inc. is trying to sell a majority stake in two of its downtown Minneapolis office buildings, the TCF Tower and the adjacent TCF Bank Building. Read full story

Delta traffic slides in February: Delta Air Lines Inc.’s traffic in February was down 2.6 percent, the airline reported Thursday. System traffic, including Delta and Northwest Airlines Corp. operations, fell on a 6.1 percent drop in capacity. Load factor — how full planes were — went up 2.8 points to 77.1 percent, the Atlanta-based airline reported. Read full story

Ecolab CEO Doug Baker’s compensation rises to $8.8M in 2009: Ecolab Inc. CEO Douglas Baker received nearly $8.8 million in total compensation last year, up from about $7.2 million in 2008, according to a preliminary proxy statement filed with the U.S. Securities and Exchange Commission on Thursday. Read full story

Boston Scientific offers $1M to buffer CTO’s declining home value: Boston Scientific Corp.’s compensation committee recently said the company will absorb part of any loss on the sale of Chief Technology Officer Fredericus Colen’s lakefront home in Minnesota. Colen is being relocated from his home in Minnesota as part of his new role as chief technology officer. The company will absorb one-third of Colen’s loss on his home, not to exceed a gross loss of $1 million. Read full story

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