Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
BMO Harris Bank renews sponsorship of ‘The Nutcracker’
BMO Harris Bank is extending its sponsorship of Milwaukee Ballet’s “The Nutcracker” into a second year as the ballet prepares for its 44th annual performance of the holiday production this December.
Marcus caps record quarter
The Marcus Corp. today reported fiscal fourth quarter net earnings of $4.3 million, or 16 cents per share, up from $3.5 million, or 13 cents per share, in the same period a year ago.
Storage Systems Midwest acquires Babush
Storage Systems Midwest Inc., a Waukesha-based provider of materials storage solutions for commercial and industrial companies throughout the United States, has acquired Sussex-based Babush Material Handling Systems Inc.
Water Council to get part of $30 million JPMorgan grant
The Water Council is one of 10 nonprofit cluster organizations in the country included in a five-year, $30 million grant from JPMorgan Chase & Co.
A.O. Smith reports record revenue
Milwaukee-based A.O. Smith Corp. today reported second quarter net earnings of $57.3 million, or 63 cents per share, up from $42.1 million, or 45 cents per share, in the second quarter of 2013.
Harley revenue up, shipments down
Milwaukee-based Harley-Davidson Inc. today reported second quarter net income of $354.2 million, or $1.62 per share, up from $271.7 million, or $1.21 per share, in the second quarter of 2013.
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Regional banks report mixed results for quarter
Three regional banks with a strong presence in the Milwaukee market reported mixed results in their second quarter earnings reports.
MGIC earnings improve
Milwaukee-based MGIC Investment Corp. reported second quarter net income of $45.5 million, or 12 cents per share, up from $12.4 million, or 4 cents per share, in the second quarter of 2013.
Bank Mutual earnings up 35%
Brown Deer-based Bank Mutual Corp. reported second quarter net income of $3.6 million, or 8 cents per share, up 35 percent from $2.6 million, or 6 cents per share, in the second quarter of 2013.
UMB unveils new space, new leaders
UMB Fund Services announced that chief executive officer John Zader has retired. Tony Fischer has been promoted to president and Maureen Quill has been promoted to chief operating officer to fill the role.
