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Thursday A.M. Report

Green cleaner pushes Tennant’s net to $4.1 million: Tennant Co. today reported higher first-quarter earnings, driven by strong sales from an earth-friendly cleaning system that turns tap water into a cleanser. The Golden Valley company reported net earnings of $4.1 million, or 21 cents per share, for the first quarter after a $41.7 million loss, or $2.29 per share, one year ago. Read full story

Target to carry’s Kindle: Target Corp. on Wednesday said its stores will carry’s Kindle e-reader, the first time Amazon has sold the device outside its website. Target will sell Kindles at its flagship downtown Minneapolis store and 102 South Florida stores beginning Sunday. The devices, which will be rolled out later to more Target stores, will sell for $259 each — the same listing price as on Amazon’s website. Read full story

Hennepin County balks at Minnesota health insurance fix: There are signs that a state government compromise, meant to preserve health coverage for some of Minnesota’s poorest residents, is falling apart. Hennepin County commissioners on Tuesday rejected the state’s terms for Hennepin County Medical Center taking 10,000 or so impoverished patients, under a revamping of the state’s General Assistance Medical Care program recently signed into law by Gov. Tim Pawlenty. County officials told the paper that the deal would expose county taxpayers to too much risk. Read full story

TCF profits up 26% in Q1: TCF Financial Corp. earnings were up 26 percent in the first quarter as the bank enjoyed the effects of boosted interest income and better expense controls. Wayzata-based TCF reported a first-quarter profit of $33.9 million, or 26 cents per share, up from $26.6 million, or 17 cents per share, in the first quarter of 2009. Read full story

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