Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
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.
ICAFe to acquire Illinois firm
Waukesha coating systems and coating product solutions distributor ICAFe Inc. has agreed to acquire Dove Equipment of East Peoria, Ill.
Roundy’s takes loss on closures, acquisitions
Milwaukee-based Roundy's Inc. reported a second quarter net loss of $27.7 million, compared to net income of $13.5 million in the second quarter of 2013.
Twin Disc caps fiscal year with strong quarter
Racine-based Twin Disc Inc. reported fiscal fourth quarter net earnings of $2.3 million, or 21 cents per share, up from $47,000, or 0 cents per share, for the same quarter a year ago.
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Westbury Bancorp recovers from loss
West Bend-based Westbury Bancorp Inc. reported fiscal 2014 third quarter net income of $69,000, recovering from a net loss of $446,000 in the third quarter of 2013.
Hispanic Chamber seeks MEDC help for revolving loan fund
The Hispanic Chamber of Commerce of Wisconsin Inc. has created a new LLC that is seeking a $50,000 loan from the Milwaukee Economic Development Corp. to bolster the revolving loan fund pool it is developing.
Wantable raises $1.5 million in Series A round
Milwaukee startup Wantable Inc. recently raised $1.5 million through a Series A funding round.
Badger Meter to acquire Denver distributor
Brown Deer-based Badger Meter Inc. has agreed to acquire its Denver-based distributor National Meter and Automation Inc. through a stock purchase.
