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Friday A.M. Report

Developer Lux has deal for Block E, Supervalu names Cadbury exec CIO, Lawson stock rises on Q3 earnings and Target Field awarded LEED certification

Developer Lux has deal for Block E: Twin Cities real estate developer Bob Lux has a deal to buy the troubled Block E retail and entertainment complex in downtown Minneapolis. The Business Journal learned last week that Lux was pursuing a deal for the center. After being contacted by the Journal for the story, Lux’s firm, Alatus LLC, issued a statement saying it had signed a purchase agreement and that it would “significantly invest” in the property. Read full story 

Supervalu names Cadbury exec CIO:  Supervalu Inc. on Thursday named Wayne Shurts, a former Cadbury executive, its chief information officer. Shurts also held the title of chief information officer at Cadbury, which makes chocolate products. Read full story

Lawson stock rises on Q3 earnings: Shares of Lawson Software Inc. rose nearly 7 percent in afternoon trading Thursday, a day after the company announced third-quarter results that beat analysts’ estimates. The St. Paul-based maker of business software reported earnings of $1.8 million, or one cent per share, for the third quarter. Read full story

Target Field awarded LEED certification: Target Field has been awarded Leadership in Energy and Environmental (LEED) Silver Certification from the U.S. Green Building Council, , the Minnesota Twins announced Thursday. It is the second Major League Baseball stadium to achieve LEED Silver, joining Nationals Park in Washington, D.C. TCF Bank Stadium on the University of Minnesota campus also attained that status. Read full story