Economic Development
Brady profits up sharply
Milwaukee-based Brady Corp. reported fiscal second quarter net earnings of $16.4 million, or 31 cents per share, up sharply from a net loss of $8.7 million, or 17 cents per share, in the second quarter of 2013.
Northwestern Mutual to pay record dividend
Milwaukee-based Northwestern Mutual announced it will pay a record $5.2 billion dividend to policyowners. Most of that payout will be used to purchase additional coverage.
First Business CFO to retire
James Ropella, senior vice president and chief financial officer of First Business Financial Services Inc., announced he plans to retire in the fourth quarter.
Baird completed $61 billion in deals last year
Milwaukee-based Robert W. Baird & Co. Inc. reported a record year for its investment banking arm in 2013.
403 Labs merges with Sikich
Brookfield-based information security consulting firm 403 Labs will merge with Naperville, Ill.-based Sikich LLP.
Neighborhood House Executive Director to retire
Richard Cox, executive director of Neighborhood House of Milwaukee, will retire at the end of April, according to an announcement the nonprofit made this week.
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New products result in Koss loss
Milwaukee-based Koss Corp. reported a fiscal second quarter net loss of $3.4 million, or 47 cents per share, down dramatically from net income of $338,688, or 5 cents per share, in the second quarter of 2013.
Generac powers ahead
Waukesha-based Generac Holdings Inc. reported fourth quarter net income of $48.5 million, or 69 cents per share, up from $28.3 million, or 41 cents per share, in the fourth quarter of 2012.
Tenth & Blake continues to drive MillerCoors growth
MillerCoors LLC reported fourth quarter net income of $239.9 million, up from $172.3 million in the fourth quarter of 2012.
Ascedia acquires Roll Mobile
Milwaukee-based Ascedia Inc., a full-service digital agency, announced that it has completed its acquisition of Milwaukee-based digital development and marketing agency Roll Mobile.
