Banking & Finance
Weber to retire from Associated Bank after 44 years
Gordy Weber, who has worked at Associated Banc-Corp for 44 years, will retire at the end of the year.
QPS survey shows some employers plan to raise wages in 3Q
Brookfield-based QPS Employment Group, a staffing and recruiting firm, has conducted a survey that indicates more than 27 percent of Midwestern companies plan to increase wages in the third quarter.
Briggs & Stratton to acquire Allmand Bros.
Wauwatosa-based Briggs & Stratton Corp. announced that it has agreed to acquire Holdrege, Neb.-based Allmand Bros Inc. for $62 million.
Regional banks report mixed results for quarter
Three regional banks with a strong presence in the Milwaukee market today reported mixed results in their second quarter earnings reports.
Tri City names new president
Oak Creek-based Tri City National Bank has named Craig Dedrick its new president.
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BMO forecasts 2.6% Wisconsin GDP growth in 2015
BMO Capital Markets Economic Research has forecast 2.6 percent GDP growth in Wisconsin in 2015, up from its estimate of 2.1 percent GDP growth for 2014 and the actual GDP growth of 1.7 percent in 2013.
Telkonet recovers from loss
Milwaukee-based Telkonet Inc. today reported second quarter net income of $219,085, or 0 cents per share, compared to a net loss of $621,510 in the second quarter of 2013.
Kohl’s earnings fall on lower same-store sales
Menomonee Falls-based Kohl’s Corp. today reported second quarter net income of $232 million, or $1.13 per share, up from $231 million, or $1.04 per share, in the second quarter of 2013.
Briggs & Stratton to acquire Allmand Bros.
Wauwatosa-based Briggs & Stratton Corp. today announced that it has agreed to acquire Holdrege, Neb.-based Allmand Bros Inc. for $62 million.
