Ideas

IMS earnings grow

New Berlin-based International Monetary Systems Ltd. reported second quarter net income of $98,647, up from $77,196 in the same period a year ago.

Rockwell acquires Chinese manufacturer

Milwaukee-based Rockwell Automation Inc. announced it has agreed to purchase the assets of the medium voltage drives business of Harbin Jiuzhou Electric Co. Ltd. of China for $83 million.

Wisconsin credit unions are thriving

Wisconsin credit unions grew net income by 83 percent in the first six months of 2012, compared with the same period last year, according to data compiled by the Wisconsin Department of Financial Institutions (DFI).

BMO Harris Equipment Finance expands to Houston

Milwaukee-based BMO Harris Equipment Finance Co. announced it has hired Jennifer Stamps to expand the company's equipment finance footprint to Houston, Texas.

Journal Communications buys back Class C stock shares

Milwaukee-based Journal Communications Inc. has acquired all of the 3.3 million outstanding shares of its Class C common stock (4.5 million shares on a Class A-equivalent basis), all of which were owned by members and successors of the Grant Family.

Roadrunner acquires Kenosha trucking company

Roadrunner Transportation Systems Inc. announced it has acquired all of the outstanding stock of Expedited Freight Systems Inc., a regional overnight less-than-truckload (LTL) provider based in Kenosha, for approximately $10 million plus an earnout over four years.
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Funjet acquires TNT Vacations

Milwaukee-based travel agency Funjet Vacations has acquired Boston-based travel agency TNT Vacations.

Civil discourse is a faint memory

When newly named Republican Vice Presidential candidate Paul Ryan attempted to make his first stump speech on the “soapbox” at the Iowa State Fair Monday, he was greeted by a small chorus of hooligans who shouted at him the entire speech.

Losses mounting at Quad/Graphics

Sussex-based Quad/Graphics Inc. reported a second quarter net loss of $20.8 million, or 44 cents per share, compared with a net loss of $10.2 million, or 31 cents per share, in the same period a year ago.

Dear Wisconsin: A letter to the state from Milwaukee

Dear Wisconsin,

It's been too long. I should have written earlier. Things obviously have been tense between us for a while - we really haven't connected since 1994, when you sent that "feel better" card about the Green Bay Packers not playing at County Stadium anymore.

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