Banking & Finance

Milwaukee-based WEC Energy Group Inc. today reported its first quarterly earnings.

Heartland Financial USA Inc. has reported second quarter net income of $15.2 million, or 72 cents per share, up from $10.6 million, or 56 cents per share, in the second quarter of 2014.

Cudahy-based Roadrunner Transportation Systems Inc. today announced it has acquired El Paso, Texas-based Stagecoach Cartage and Distribution for about $35 million.

West Bend-based Westbury Bancorp Inc. has reported third quarter net income of $110,000, or 3 cents per share, up from $69,000, or 1 cent per share, in the third quarter of 2014.

Milwaukee-based investment advisory firm M&A Consultants Ltd. advised on a recent acquisition of an Illinois company by Hitachi America Ltd.

Menomonee Falls-based Magnetek Inc. has entered an agreement to be acquired by Amherst, NY-based Columbus McKinnon Corp. for about $189 million.

Milwaukee-based color and flavor manufacturer Sensient Technologies Corp. has reported second quarter net income of $29.5 million, or 63 cents per share, up from $29.1 million, or 59 cents per share, in the second quarter of 2014.

Milwaukee-based Northwestern Mutual is pouring $1.7 million into education programs in Milwaukee with a goal of preparing students to read proficiently.

Milwaukee-based water heater manufacturer A.O. Smith Corp. today reported second quarter net income of $71.1 million, or 79 cents per share, up from $57.3 million, or 63 cents per share, in the second quarter of 2014.

Brookfield-based GSF Mortgage has named Bruce Olster chief financial officer, effective immediately.