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Wednesday A.M. Report

General Growth files reorganization plan; Local health-care workforce demand falls; Target sells $1 billion in debt; and Analyst: General Mills winning at Wal-Mart

General Growth files reorganization plan: Mall owner General Growth Properties Inc. unveiled a restructuring plan Tuesday morning. General Growth , based in Chicago, owns or manages more than 200 regional shopping malls in 43 states, including Eden Prairie Center, Ridgedale Center in Minnetonka and Knollwood Mall in St. Louis Park. Read full story

Local health-care workforce demand falls: Demand for health care workers in the Twin Cities declined by 8 percent from the first to second quarter this year. That’s according to the Health Workforce Solutions Labor Market Pulse Index, which tracks local healthcare workforce fluctuations in 30 major United States markets. Read full story

Target sells $1 billion in debt: Target Corp. sold $1 billion worth of bonds Tuesday, according to a new filing with the U.S. Securities and Exchange Commission. The 10-year bonds will pay 3.91 percent to maturity and put $992.6 million in the Minneapolis-based retailer’s coffers, less transaction costs. Read full story

Analyst: General Mills winning at Wal-Mart: General Mills Inc. is outperforming competitors and gaining market share on Wal-Mart shelves, according to an analyst note distributed Tuesday. BMO Capital Markets analyst Kenneth Zaslow wrote that General Mills generates 23 percent of its sales from Bentonville, Ark.-based Wal-Mart Stores Inc. Read full story