Economic Development

Milwaukee-based Brady Corp. reported fiscal third quarter net income of $17.2 million, or 33 cents per share, down from $24.1 million, or 39 cents per share, in the third quarter of 2014.

Covanta, the world's largest owner and operator of energy-from-waste facilities, has acquired West Allis-based Milwaukee-based Advanced Waste Services Inc.

The Bon-Ton Stores Inc., which has dual headquarters in Milwaukee and York, Pa., reported a fiscal first quarter net loss of $34.1 million, or $1.74 per share, compared with a net loss of $31.5 million, or $1.63 per share, in the first quarter of 2014.

Pewaukee-based Gustave A. Larson Co. has acquired Indianapolis-based Superior Distribution Inc. The transaction was completed Feb. 1.

Milwaukee-based Baird Advisors, the institutional fixed income investment management division of Robert W. Baird & Co. Inc., has hired away from BMO Global Asset Management a three-person municipal investment team.

As Make-A-Difference Wisconsin continues to expand its financial literacy programming across southeastern Wisconsin, the nonprofit is seeking volunteer coaches to mentor students in small groups and one on one.

The U.S. Department of Housing and Urban Development has completed its investigation of Associated Bank N.A.’s lending practices between 2008 and 2011.

Milwaukee-based independent valuation firm Valuation Research Corp. has been named Valuation Firm of the Year by industry peers in the International M&A Awards for the fourth year in a row.

Waukesha-based Telkonet Inc. reported a first quarter net loss of $744,078, compared with $778,208 in the first quarter of 2014.

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.