Banking & Finance

Volatility has returned to U.S. stock markets with a vengeance. The Dow Jones Industrial Average has fluctuated by a thousand or more points on recent trading days. During these times your 401(k) plan participants can become very nervous. Plan sponsors and their investment advisors should help participants remain calm during these periods of intense market fluctuations by sharing the following:

The New York Stock Exchange continues its rocky stretch, and the Dow Jones Industrial Average was down another 205 points at close Tuesday, partially driven by fears about an economic slowdown in China.

Lower taxes and proximity to the state's robust manufacturing sector has prompted Oshino Lamps America to relocate its United States office from Long Island, NY to Pewaukee.

Despite a roller-coaster day on the stock market that started with a jaw-dropping 1,000-point drop Monday morning and ended with an overall drop of 588 points, analysts said Wisconsin investors should monitor events closely, but not panic.

Global economic concerns had a big impact on markets this morning, as investor uncertainty contributed to significant declines in the U.S., China, Japan, France, Germany and Middle East markets.

Milwaukee-based headphone manufacturer Koss Corp. has reported fiscal fourth quarter net income of $354,800, or 5 cents per share, compared with a net loss of $1.5 million, or 29 cents lost per share, in the fourth quarter of 2014.

Milwaukee-based The Bon-Ton Stores Inc. today reported a second quarter net loss of $39.6 million, or $2.01 lost per share, compared with a net loss of $36.2 million, or $1.86 lost per share, in the second quarter of 2014.

Brookfield-based Inlanta Mortgage has hired 70 new employees this year to keep up with mortgage loan demand as the housing market heats up.

Milwaukee-based startup Bright Cellars Inc. has raised $1.8 million of $2 million a funding round, according to a recent SEC filing.