Banking & Finance
Kohl’s misses sales target
Menomonee Falls-based Kohl’s Corp. today reported first quarter net income of $125 million, or 60 cents per share, down from $147 million, or 66 cents per share, in the first quarter of 2013.
Techniplas Group acquires Weidmann plastics division
Nashotah-based Techniplas Group has acquired the plastics technology automotive and industrial division of Weidmann International Corp.
New Berlin companies acquired
New Berlin-based Super Products LLC and Wausau-Everest LP have been acquired by Seguin, Texas-based Alamo Group Inc.
Roundy’s sells 18 Rainbow stores
Milwaukee-based Roundy's, Inc. has sold 18 of its Rainbow stores to a group of local grocery retailers for $65 million in cash, plus inventory proceeds.
VIDEO: 2014 M&A Forum
Industry experts discussed the outlook for the mergers and acquisitions market in southeastern Wisconsin and provided tips to business owners considering a sale at the 2014 M&A Forum presented by BizTimes Media.
Wells Fargo to provide $5.15 million for Milwaukee homeownership program
San Francisco-based Wells Fargo & Co. will provide $5.15 million for an initiative that aims to increase homeownership and strengthen neighborhoods in the City of Milwaukee's low- and moderate-income areas.
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Baptista’s sale worth $195 million
Snyder's-Lance Inc. will pay $195 million to acquire Franklin-based Baptista's Bakery, the company said last week in its quarterly earnings conference call.
Anchor BanCorp recovers from loss
Anchor BanCorp Wisconsin Inc. reported first quarter net income of $1.9 million, or 21 cents per share, up from a net loss of $14 million, or 66 cents per share, in the first quarter of 2013.
Marcus hires Riley to expand portfolio
Milwaukee-based Marcus Corp. announced that Thomas Riley has been named senior vice president-development of Marcus Hotels & Resorts and MCS Capital LLC.
MillerCoors revenue flat on craft decline
MillerCoors LLC reported first quarter net income of $295.6 million, up from $274.4 million in the first quarter of 2013.
