Economic Development
Warm spring dampens earnings for Wisconsin Energy
Wisconsin Energy Corp. reported first quarter net income from continuing operations of $172.1 million or 74 cents per share, up from $170.9 million, or 72 cents per share, in the same period a year ago.
Fiserv begins year with strong quarter
Fiserv Inc. reported first quarter net income of $132 million, or 94 cents per share, up from $112 million, or 76 cents per share, in the same period a year ago.
Brady Corp. acquires Swedish company
Milwaukee-based Brady Corp. has acquired Runelandhs Forsaljnings AB, a direct marketer of industrial and office equipment in Kalmar, Sweden.
Process Retail Group acquires Accent Industries
Process Retail Group Inc., a New Berlin-based integrated designer and manufacturer of custom permanent retail environments, announced it has acquired substantially all of the assets of Accent Industries Inc. of Kenosha.
Baird launches Small Cap Value Fund
Milwaukee-based Robert W. Baird & Co. Inc. launched the Baird Small Cap Value Fund.
Unemployment claims fall
First-time unemployment claims fell nationally last week for the first time in a month to just slightly above a four-year low, according to the latest data from the U.S. Department of Labor.
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Harley roars back with strong quarter
Milwaukee-based Harley-Davidson Inc. reported first quarter net income of $172.0 million, or 74 cents per share, up from $119.3 million, or 51 cents per share, in the same period a year ago.
Bucyrus acquisition fuels record quarter for Cat
Growth in mining, strong replacement demand for products in the United States and a continued focus on cost management helped Caterpillar Inc. deliver record quarterly profits of$1.6 billion, or $2.37 per share in the first quarter, up from $1.2 billion, or $1.84 per share, in the same period a year ago.
First Business Financial posts strong quarter
First Business Financial Services Inc., the Madison-based parent company of First Business Bank and First Business Bank-Milwaukee, reported first quarter net income of $2.2 million, or 84 cents per share, up from $1.3 million, or 52 cents per share, in the same period a year ago.