Ideas

Seek Careers acquires Minnesota firm

Grafton-based Seek Careers/Staffing Inc. has acquired Minnesota-based Brigham Group Staffing.

U.S. Bank caps record quarter

Minneapolis-based U.S. Bancorp, which operates U.S. Bank branches in Wisconsin, reported record third quarter net income of $1.4 billion, or 74 cents per share, up from $1.3 billion, or 64 cents per share, in the same period a year ago.

Net income rises at Northern Trust

Chicago-based Northern Trust Corp., which operates a Northern Trust Bank branch in downtown Milwaukee, reported third quarter net income of $178.8 million, or 73 cents per share, up from $170.4 million, or 70 cents per share, in the same period a year ago.

Associated Bank to close 12 branches

Associated Bank, a division of Associated Banc-Corp, announced it will close 12 retail branches in Wisconsin and Illinois to enhance efficiency in its branch network.

Briggs warns of potential damages from E-15 fuel

Wauwatosa-based Briggs & Stratton Corp. is advising owners of outdoor power equipment be aware of a new fuel with a higher level of ethanol that could harm small engines.

New union report questions Palermo Villa commitments

The AFL-CIO Center for Strategic Research has released a new report that questions whether Milwaukee-based Palermo Villa Inc. has lived up to its commitments to create family-supporting jobs after receiving $26 million in government subsidies.
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Johnson Controls to acquire assets of bankrupt company

Glendale-based Johnson Controls Inc. has entered into an agreement to purchase the automotive business assets of A123 Systems Inc., a Waltham, Mass., company that filed for bankruptcy protection.

Badger Meter reports strong quarter

Milwaukee-based Badger Meter Inc. reported increased sales, earnings and earnings per share for the third quarter.

A.O. Smith raises earnings guidance

Water technology company A. O. Smith Corp. reported third quarter net income of $37.0 million, or 79 cents per share, down from $182.3 million, or $3.91 per share, in the same period a year ago.

Snap-on Inc. reports strong quarter

Snap-on Inc. reported third quarter net earnings of $74.1 million, or $1.26 per share, up from $67.8 million, or $1.16 per share, in the same period a year ago.

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