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Thursday P.M. Report

Ford Ranger sales up 3.4 percent in June, Delta sells Mesaba and Compass, Lunda/Ames team wins $120M Hastings Bridge contract, and Bill Pohlad cuts Apparition staff.

Ford Ranger sales up 3.4 percent in June: Monthly sales of the Ford Ranger pickup made in St. Paul’s Highland Park neighborhood inched up 3.4 percent in June, compared with the same month last year, according to results reported today by Ford Motor Co. The auto manufacturer said it sold 5,490 Rangers in June. Through the first six months of 2010, Ford has sold 29,655 Ranger pickups, up 12.2 percent, compared with the first half of 2009. Read full story

Delta sells Mesaba and Compass for $83M: Delta Air Lines will sell two Twin Cities-based regional carriers — Mesaba and Compass Airlines — for $82.5 million. Delta said it sold Mesaba to Memphis, Tenn.-based Pinnacle Airlines for $62 million. It sold Compass to St. Louis-based Trans States Holdings for $20.5 million. Read full story

Lunda/Ames team wins $120M Hastings Bridge contract: The design-build team of Lunda Construction andAmes Construction has won a $120 million contract to build the new Hastings Bridge over the Mississippi River. Plans call for a portion of the bridge to open to two-lane traffic in summer 2012, with all four lanes open by mid-2013. The present two-lane Highway 61 bridge in Hastings, built in 1950, will stay open during construction. Read full story

Bill Pohlad cuts Apparition staff: Bill Pohlad is cutting staff at his film distribution firm Apparition, part of a reorganization taking place a month and a half after the departure of the firm’s co-founder. Pohlad announced that he’s cutting Apparition’s staff to 15 from 22, closing offices in New York and Chicago and moving the operation to Los Angeles. The moves come about seven weeks after the sudden departure of creative director Bob Berney, a veteran independent movie producer. Read full story