Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
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.
MillerCoors sees slight revenue increase
MillerCoors reported second quarter net income of $451 million, up from $416.7 million in the second quarter of 2013.
Roadrunner to acquire Michigan expedited freight company
Cudahy-based Roadrunner Transportation Systems Inc. has agreed to acquire Belleville, Mich.-based Active Aero Group, a supply-chain solutions provider specializing in sensitive or time-critical freight, for $115 million.
Journal Communications revenue up on television retransmission
Milwaukee-based Journal Communications Inc. today reported second quarter net earnings of $10.4 million, or 21 cents per share, up from $6.6 million, or 13 cents per share, in the second quarter of 2013.
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.
Total assets were $556.5 million, up from $550.5 million a year ago.
Total assets were $556.5 million, up from $550.5 million a year ago.
MillerCoors sees slight revenue increase
MillerCoors today reported second quarter net income of $451 million, up from $416.7 million in the second quarter of 2013.
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Strattec reports record growth in 2014
Milwaukee-based Strattec Security Corp. reported fiscal 2014 fourth quarter net income of $6.4 million, or $1.58 per share, up from $3.9 million, or 92 cents per share, in the fourth quarter of 2013.
Weyco earnings down on fewer retail sales
Milwaukee-based Weyco Group Inc. reported second quarter net earnings of $2.5 million, or 20 cents per share, up from $2.3 million, or 20 cents per share, in the second quarter of 2013.
Quad/Graphics narrows loss in 2Q
Sussex-based Quad/Graphics Inc. reported a second quarter net loss of $22.8 million, or 48 cents lost per share, compared to $27.6 million, or 59 cents lost per share, in the second quarter of 2013.
Douglas Dynamics revenue up 60 percent
Milwaukee-based Douglas Dynamics Inc. today reported second quarter net income of $14.6 million, or 64 cents per share, up sharply from $5.9 million, or 26 cents per share, in the second quarter of 2013.