Economic Development
Kohl’s reports higher profit, comparable store sales
Menomonee Falls-based Kohl's Corp. reported first quarter net income of $127 million, or 63 cents per share, up from $125 million, or 60 cents per share, in the first quarter of 2014.
Roundy’s loss widens in competitive grocery market
Milwaukee-based grocery store operator Roundy's Inc. reported a fiscal first quarter net loss of $4.5 million, or 12 cents lost per share, compared with a net loss of $2.3 million, or 1 cent lost per share, in the first quarter of 2014.
M-WERC receives WEDC grant for technology innovation program
The Mid-West Energy Research Consortium has received a $350,000 grant from the Wisconsin Economic Development Corp. to create an immersive technology innovation program.
Baird analyst: The worst may be over for mining sector
Mircea Dobre, vice president of equity research at Milwaukee-based Robert W. Baird & Co. Inc., says the worst may be over for the mining sector.
Koss recovers from loss with higher sales
Milwaukee-based Koss Corp. reported fiscal third quarter net income of $57,218, or 1 cent per share, compared with a net loss of $25,121, or 0 cents per share, in the third quarter of 2014.
Connecture narrows loss
Brookfield-based Connecture Inc. reported a first quarter net loss of $5.1 million, or 24 cents lost per share, compared with a net loss of $6.6 million, or $41.34 lost per share, in the first quarter of 2014.
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Wisconsin Energy earnings fall on acquisition costs
Milwaukee-based Wisconsin Energy Corp. reported first quarter net income of $195.8 million, or 86 cents per share, down from $207.6 million, or 91 cents per share, in the first quarter of 2014.
BizTracker: Profits, lending increase at Wisconsin credit unions
Wisconsin's state-chartered credit unions increased profits by 21.6 percent and ending by 10.7 percent in the first quarter of 2015, according to new data released by the Wisconsin Department of Financial Institutions.
Fiserv reports strong first quarter
Brookfield-based Fiserv Inc. has reported first quarter net income of $178 million, or 73 cents per share, up from $168 million, or 65 cents per share, in the first quarter of 2014.
Sensient acquires U.K. ink manufacturer
Milwaukee-based colors, flavors and fragrances manufacturer Sensient Technologies Corp. has reached an agreement to acquire the assets of U.K. specialty ink manufacturer Xennia Technology Ltd. The transaction is expected to close in the third quarter of 2015.