Economic Development
Bogs acquisition boosts earnings for Weyco Group
Milwaukee-based Weyco Group Inc. reported fourth quarter net earnings of $5.5 million, or 50 cents per share, up from $5.1 million, or 45 cents per share, in the same period a year ago.
Quad/Graphics reports quarterly loss
Quad/Graphics Inc. reported a fourth quarter net loss of $6.8 million, or 15 cents per share, compared with net income of $26.5 million, or 55 cents per share, in the same period a year ago.
Joy Global earnings soar
Joy Global Inc.'s first-quarter earnings rose 39 percent, as the Milwaukee-based mining equipment manufacturer predicted its recent acquisitions will help offset falling demand for equipment from U.S. coal mines.
Quad/Graphics completes sale of Canadian operations
Quad/Graphics Inc. announced it has completed the previously announced sale of its Canadian operations to Transcontinental Inc.
Bank of Montreal posts record quarter
Bank of Montreal beat analysts' estimates as its first-quarter profits soared 34 percent after its takeover of Milwaukee-based Marshall & Ilsley Corp.
Fed’s Midwest economic indicators rise
The Midwestern economic indicators tracked by the Federal Reserve District in Chicago improved in January and early February, according to the Fed's Beige Book.
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M&I Wealth Management names regional president
M&I Wealth Management, a part of BMO Financial Group, announced the appointment of Mark Fenlon as regional president of the Midwest Central States, Private Client Group.
Goris to leave Cornerstone Financial Group
Tom Goris Jr., managing partner of Northwestern Mutual Life Insurance subsidiary Cornerstone Financial Group, will leave the Milwaukee office on June 1 and will accept a similar position in the Chicago market.
Brass Ring completes second fund
Brass Ring Capital has completed fundraising for its second private equity fund, called RCP Fund II.
