Viewpoints
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Journal Broadcast Group acquires Green Bay TV station
Journal Broadcast Group, Inc., a subsidiary of Journal Communications Inc., announced it has closed on the purchase of WACY-TV in Green Bay for $2.038 million from ACE TV Inc.
Top executives call on Congress to avoid fiscal cliff
Chief executive officers at more than 80 major U.S. corporations have released a statement to pressure Congress to reduce the federal deficit with tax increases and spending cuts.
Political commercials boost Journal Communications
Buoyed by a barrage of paid political campaign television commercials, Milwaukee-based Journal Communications Inc. reported third quarter net earnings of $7.7 million, or 14 cents per share, up from $4.4 million, or 7 cents per share, in the same period a year ago.
Earnings jump for Koss Corp.
Koss Corp., the Milwaukee-based high-fidelity headphone company, reported fiscal first quarter net income of $366,153, or 5 cents per share, up from $280,597, or 4 cents per share, in the same period a year ago.
GDP grows 2% and consumer confidence improves
The U.S. economy sped up in the third quarter, as the gross domestic product grew at a 2 percent clip from July through September, up from 1.3 percent in the second quarter, according to the Commerce Department.
First Business reports record quarter
First Business Financial Services Inc., the parent company of First Business Bank and First Business Bank-Milwaukee, reported record third quarter results highlighted by growth in revenue, in-market deposits, commercial loan balances and problem loan resolutions.
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Twin Disc earnings plummet
Racine-based Twin Disc Inc. reported fiscal first quarter net earnings of $1.3 million, or 11 cents per share down from record earnings of $9.6 million, or 83 cents per share, in the same period a year ago.
Jockey names Norfleet president
Kenosha-based Jockey International Inc. announced the appointment of Byron Norfleet as president and chief operating officer.
Harley tapers production at York plant
Milwaukee-based Harley-Davidson Inc. reported third quarter net income of $134.0 million, or 59 cents per share, down from $183.6 million, or 78 cents per share, as the company restructured its production process at its largest plant in York, Pa.
Earnings jump for Koss Corp.
Koss Corp., the Milwaukee-based high-fidelity headphone company, reported fiscal first quarter net income of $366,153, or 5 cents per share, up from $280,597, or 4 cents per share, in the same period a year ago.
