Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Milwaukee Tool completes acquisition of Empire Level
Milwaukee Electric Tool Corp. has completed its acquisition of Mukwonago-based Empire Level Mfg. Corp.
Kosler & Co. merges with SVA
Brookfield-based Kosler & Co., S.C., Certified Public Accountants and Business Consultants has merged its tax and accounting practice with Madison-based SVA Certified Public Accountants S.C.
Modine recovers from loss
Racine-based Modine Manufacturing Co. reported fiscal fourth quarter net earnings of $119.7 million, or $2.49 per share, up from a loss of $1.6 million, or 4 cents lost per share, in the fourth quarter of 2013.
Snap-on acquires N.H. manufacturer for $42 million
Kenosha-based tool manufacturer Snap-on Inc. has acquired substantially all of the assets of Pro-Cut International Inc. for about $42 million in cash.
Snap-on acquires N.H. manufacturer for $42 million
Kenosha-based tool manufacturer Snap-on Inc. has acquired substantially all of the assets of Pro-Cut International Inc. for about $42 million in cash.
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First Bank Financial Centre named SBA Lender of the Year
Oconomowoc-based First Bank Financial Centre recently received the SBA Lender of the Year Award at the Wisconsin Lenders Conference.
Modine recovers from loss
Racine-based Modine Manufacturing Co. today reported fiscal fourth quarter net earnings of $119.7 million, or $2.49 per share, up from a loss of $1.6 million, or 4 cents lost per share, in the fourth quarter of 2013.
Rexnord launches public offering
Milwaukee-based Rexnord Corp. today launched a public offering of 15 million shares of its common stock by certain funds affiliated with Apollo Global Management LLC.
Bon-Ton takes another loss
The Bon-Ton Stores Inc., which has dual headquarters in Milwaukee and York, Pa., reported a first quarter net loss of $31.5 million, or $1.63 lost per share, compared to a net loss of $26.6 million, or $1.41 lost per share, in the first quarter of 2013.