Ideas
Twin Disc reports record quarter
Racine-based Twin Disc Inc. reported fiscal second quarter net income of $5.9 million, or 51 cents per share, up from $4.0 million, or 35 cents per share, in the same period a year ago.
Restructuring charges clip Northern Trust
Northern Trust Corp. reported fourth quarter net income of $130.2 million, or 53 cents per share, down from $157.1 million, or 64 cents per share, in the same period a year ago.
Johnson Controls reports record quarter
Glendale-based Johnson Controls Inc., Wisconsin’s largest publicly traded company, reported record fiscal first quarter earnings and revenues.
UW Credit Union to open West Allis branch
UW Credit Union announced it will open a new branch at 2525 S. 108th St. in West Allis. The location will be UWCU’s fifth Milwaukee branch and its 21st Wisconsin branch.
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Northwestern Mutual details health costs
Home health care, assisted living and nursing home care costs remain high across the country, according to a Cost of Long-Term Care study recently conducted by The Northwestern Mutual Life Insurance Company.
Credit unions increased business loans
Wisconsin credit unions have increased small business lending by more than 51 percent since 2007, according to a report by the Wisconsin Credit Union League.
As fundamentals improve stateside, they deteriorate abroad
Editor’s note: The following observations were culled from the latest U.S. Economic Outlook report by Paul Kasriel, chief economist at Northern Trust Bank in Chicago.
Stocks usually rise in presidential year
If history is a reliable predictor of the future, 2012 should be a strong year for the U.S. stock market.