Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Koss recovers from loss with higher sales
Milwaukee-based Koss Corp. reported fiscal third quarter net income of $57,218, or 1 cent per share, compared with a net loss of $25,121, or 0 cents per share, in the third quarter of 2014.
Connecture narrows loss
Brookfield-based Connecture Inc. reported a first quarter net loss of $5.1 million, or 24 cents lost per share, compared with a net loss of $6.6 million, or $41.34 lost per share, in the first quarter of 2014.
Johnson Outdoors profits decline on higher operating expenses
Racine-based Johnson Outdoors Inc. today reported fiscal second quarter net income of $3.6 million, or 36 cents per share, down from $7.4 million, or 67 cents per share, in the second quarter of 2014.
Bubbler Quote of the Week
“To set up an ESOP is probably not as complicated as some people think. It is not much different...
High school financial literacy program expands
The EverFi Financial Literacy Program, which aims to improve financial literacy among Wisconsin high schoolers, has received funding from Brookfield-based Spring Bank that has allowed expansion into three new schools.
Profits, lending increase at Wisconsin credit unions
Wisconsin’s state-chartered credit unions increased profits by 21.6 percent and ending by 10.7 percent in the first quarter of 2015, according to data released today by the Wisconsin Department of Financial Institutions.
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Weyco Group’s first quarter sales a record
Milwaukee-based Weyco Group Inc. has reported first quarter net income of $3.6 million, or 33 cents per share, up from $3.3 million, or 29 cents per share, in the first quarter of 2014.
Fiserv reports strong first quarter
Brookfield-based Fiserv Inc. has reported first quarter net income of $178 million, or 73 cents per share, up from $168 million, or 65 cents per share, in the first quarter of 2014.
Quad/Graphics’ loss widens
Sussex-based Quad/Graphics Inc. reported a first quarter net loss of $35.2 million, or 74 cents lost per share, compared with a net loss of $9.1 million, or 19 cents lost per share, in the first quarter of 2014.
Douglas Dynamics revenue nearly doubles on acquisition
Milwaukee-based vehicle attachments and equipment manufacturer Douglas Dynamics Inc. has reported first quarter net income of $383,000, or 1 cent per share, down from $1.6 million, or 7 cents per share, in the first quarter of 2014.