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Friday A.M. Report

St. Jude Medical adds $300 million to stock buyback: St. Jude Medical Inc. announced Friday that its board of directors has authorized an additional share repurchase program for as much as $300 million of the company’s outstanding stock. The latest authorization comes in addition to the $600 million share buyback program previously announced in connection with the Little Canada-based medical device maker’s $1.3 billion acquisition of Plymouth-based AGA Medical Holdings Inc. Read full story

3M invests in Jeff Han’s Perceptive Pixel: 3M Co. announced Thursday it has invested in Perceptive Pixel Inc., a developer of touch-screen control systems. Terms of the transaction, made through 3M’s New Ventures business unit, were not disclosed. Read full story

Minneapolis Foundation names new trustees: The Minneapolis Foundation recently appointed Terrance Dolan, Archie Givens Jr. and Nekima Levy-Pounds to its board of trustees. Read full story

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