Ideas

Chase lays off 94 in Milwaukee

JPMorgan Chase has eliminated 94 positions in its mortgage banking line of business, most of them in downtown Milwaukee.

Roundy’s Q2 results sag

Milwaukee-based grocer Roundy's Inc. reported that its second quarter net income fell 28.6 percent to $13.5 million, or 30 cents per diluted share, and that its net sales dipped 1.7 percent to $980.3 million, compared to the second quarter of 2012.

Money events

The Wisconsin Association of Financial Professionals will host its 25th Annual Conference on Tuesday, Sept. 10 from 8:15 a.m....

New hires and promotions

Matthew Dolsky has joined Ridgestone Bank’s Brookfield office as AVP-commercial lending. He will be responsible for government guaranteed lending...

Now is a great time to invest in solar

With a recent decision by the Public Service Commission of Wisconsin, the Focus on Energy program is set to end its incentive program for residential solar and small wind energy systems. This will be the second early termination of our collective investment in renewable energy in the past three years.

Roadrunner announces stock offering

Cudahy-based Roadrunner Transportation Systems Inc. has announced a public offering of 3.5 million shares of common stock, 1.5 million of which will come from the company.
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Douglas Dynamics Q2 income falls as pre-season orders shift

Milwaukee-based Douglas Dynamics Inc. reported lower second quarter net income and net sales.

MillerCoors profits shrink

SABMiller plc and Molson Coors Brewing Co. reported that net sales and net income for MillerCoors LLC declined during the second quarter.

Sullivan named CEO of Gardner Denver

Former Bucyrus International Inc. chief executive officer Tim Sullivan has been named president and CEO of Gardner Denver Inc., a Wayne, Pa.-based manufacturer of compressors, blowers, pumps and other fluid transfer equipment.

Sachdeva settlement boosts Koss

Milwaukee-based headphone manufacturer Koss Corp. reported fourth quarter net income of $4.6 million, or 62 cents per share, up from $931,891, or 13 cents per share, in the fourth quarter of 2012.

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