Ideas
Harley is riding high
Harley-Davidson Inc.’s remarkable recovery continued in the third quarter, as the Milwaukee-based company’s net income grew to $183.6 million, or 78 cents per share, from $88.8 million, or 38 cents per share, in the same period a year ago.
Northern Trust beats analysts’ expectations
Chicago-based Northern Trust Corp., which has an office in downtown Milwaukee, reported third quarter net income of $170 million, or 70 cents a share, up from $155.6 million, or 64 cents, in the same period a year ago.
Sensient acquires partner’s interest in Brazilian company
Milwaukee-based Sensient Technologies Corp., a manufacturer of colors, flavors and fragrances, announced it has reached agreement to acquire its joint venture partner’s interest in Sao Paulo, Brazil-based Les Colorants Wackherr do Brasil.
Briggs trims first quarter loss
Wauwatosa-based Briggs & Stratton Corp. reported a net loss of $5.2 million during its fiscal first quarter, a 35.7 percent improvement compared with its net loss of $8.1 million during last year’s fiscal first quarter.
Snap-On profits rise 45%
Snap-On Inc. is the latest Wisconsin manufacturer to post impressive third quarter results, as manufacturing remains one of the few strong spots in the economy.
M&I tops national small business banking satisfaction study
Milwaukee-based M&I Bank ranks No. 1 in overall satisfaction by small business banking customers, according to the J.D. Power and Associates 2011 U.S. Small Business Banking Satisfaction Study of 24 national banks released.
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Mortgage insurance losses mounting for MGIC
Mortgage insurer MGIC Investment Corp. posted a net loss of $165.2 million, or 82 cents per share, for the third quarter, compared with a net loss of $51.5 million, or 26 cents per share, in the same period a year ago.
Sensient posts record quarter
Milwaukee-based Sensient Technologies Corp. reported record third quarter earnings per share of 64 cents, up from 59 cents in the same period a year ago.
ManpowerGroup grows with strategic investments
Milwaukee-based ManpowerGroup reported third quarter net earnings of $79.6 million, or 97 cents per share, up from $51.3 million, or 62 cents per share, in the same period a year ago.
Caterpillar posts record quarter
aterpillar Inc. far exceeded analyst expectations, reporting a 44-percent quarterly earnings increase and record revenue.