Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Magnetek reports strong quarter
Menomonee Falls-based Magnetek Inc. today reported second quarter net income of $2.3 million, or 70 cents per share, up from $1.2 million, or 36 cents per share, in the same period a year ago.
Twin Disc caps fiscal year with strong quarter
Racine-based Twin Disc Inc. today 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.
Johnson Financial names chief investment officer
Racine-based Johnson Financial Group has appointed Kevin Tan as chief investment officer.
Helena Chemical Co. acquires Millard Feed Mill near Elkhorn
Colliersville, Tenn.-based Helena Chemical Company recently acquired Millard Feed Mill in Walworth County for $3.4 million, according to state records.
Master Lock acquires Sentry Safe
Oak Creek-based Master Lock Co. LLC has acquired Sentry Safe, a personal safe and protective security container manufacturer, for $117.5 million.
Waterstone earnings dip on lagging mortgages
Wauwatosa-based Waterstone Financial Inc. reported second quarter net income of $3.8 million, or 11 cents per share, down from $4.9 million, or 14 cents per share, in the second quarter of 2013.
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Ohio company acquires Franklin manufacturer
Vesta, a Franklin-based contract manufacturer for the global medical device industry, has been acquired by Wickliffe, Ohio-based The Lubrizol Corp., a Berkshire Hathaway company.
Hartland insurance agencies merge
Hartland-based RC Insurance Services Inc. and Hartland-based Group Health Planning Inc. have merged, effective Aug. 1.
Money moves
Jody Filo has been promoted to vice president-compliance officer at Cornerstone Community Bank. She has worked at Cornerstone for...
First Bank Financial Centre expands headquarters, adds another branch
First Bank Financial Centre has expanded its Oconomowoc headquarters and opened a second branch in Brookfield to keep up with loan growth.
