Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Fiserv’s Q2 earnings hit with debt charge
Brookfield-based financial services technology provider Fiserv Inc. reported second quarter net income of $127 million, or 53 cents per share, down from $166 million, or 65 cents per share, in the second quarter of 2014.
Growth continues at Roadrunner Transportation
Cudahy-based asset-light transportation and logistics service provider Roadrunner Transportation Systems Inc. reported second quarter net income of $16.5 million, or 42 cents per share, up from $14.8 million, or 38 cents per share, in the second quarter of 2014.
Rockwell reports higher Q3 profit despite industrial slowdown
Milwaukee-based Rockwell Automation Inc. today reported fiscal third quarter net income of $206.1 million, or $1.52 per share, up from $199.7 million, or $1.43 per share, in the third quarter of 2014.
WEC Energy Group reports first quarterly earnings
Milwaukee-based WEC Energy Group Inc. today reported its first quarterly earnings.
Wisconsin Bank & Trust reports higher profit following acquisition
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.
Roadrunner acquires Texas trucking company
Cudahy-based Roadrunner Transportation Systems Inc. today announced it has acquired El Paso, Texas-based Stagecoach Cartage and Distribution for about $35 million.
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Westbury Bancorp reports solid Q3
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 firm advises on Hitachi deal
Milwaukee-based investment advisory firm M&A Consultants Ltd. advised on a recent acquisition of an Illinois company by Hitachi America Ltd.
Magnetek to be acquired by Columbus McKinnon
Menomonee Falls-based Magnetek Inc. has entered an agreement to be acquired by Amherst, NY-based Columbus McKinnon Corp. for about $189 million.
Sensient revenue declines on strong dollar
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.