Thursday P.M. Report

Hart Ski leaves Wayzata for Utah: Hart Ski, the ski manufacturing company that made a name for itself by becoming the official freestyle provider for the U.S. Ski Team, has announced that it’s moving its operations from Wayzata to Ogden, Utah, a town in the heart of the country’s ski industry. For the company’s CEO, Chris Farni, it didn’t make sense to drive across the country to sell skis, said Julie Farni, the company’s chief administrative officer. The company, whose skis are sold by nine vendors in the United States, Canada and Australia, received a $25,000 business loan from the city of Ogden to help with expenses, such as opening a warehouse there. Read full story

Delta offers bookings on Facebook: Delta Air Lines today debuted what it calls the industry’s first social media “Ticket Window,” which lets customers book tickets directly from the Delta Facebook page and other social media sites. Delta’s Ticket Window allows Facebook users to complete a full travel booking using a dedicated “tab” at without navigating to The airline also this week launched a redesign of Read full story

Medtronic completes ATS Medical acquisition: Medtronic announced today that it has completed its $370 million acquisition of ATS Medical. Under the deal, Fridley-based Medtronic paid $4 per share for ATS Medical, a Plymouth company that makes heart valves and other cardiac devices. ATS has about 200 employees. Read full story

IBM forecasts rising electronics sales: Retailers of electronics and appliances are expected to grow sales of those products by $739 million in September and October, according to an analytics-based forecast released Wednesday by IBM. The forecast, compiled by Twin Cities-based IBM mathematician Michael Haydock, represents a 5 percent increase, compared with the same period last year. The two-month total in 2009 was $15.1 billion; the 2010 forecast is $15.8 billion. Read full story

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