Banking & Finance

AT&T acquisition of DirecTV will have large impact in Wisconsin

AT&T Inc. said Sunday it will buy satellite-television provider DirecTV in a stock-and-cash deal worth $67.1 billion.

Money moves

Wells Fargo & Co. has named Tony Bartell senior vice president and group head at Wells Fargo Commercial Banking....

Associated Bank fined

Associated Banc-Corp has been fined $500,000 by the Office of the Comptroller of the Currency.

Ellenbecker named to Foundations Bank board

Karen Ellenbecker, president of Pewaukee-based financial advisory firm Ellenbecker Investment Group, has joined the board of directors at Pewaukee-based Foundations Bank and its parent company, Generations Bancorp Inc.

Spectrum event to feature ‘Miracle on the Hudson’ co-pilot

Mequon-based Spectrum Investment Advisors will host its 9th Annual Retirement Plan Investment Seminar on Wendesday, June 18, from 8:15 a.m. to 12:15 p.m. at Country Springs Hotel, 2810 Golf Road in Pewaukee.

Eisen Fox sells Marshfield manufacturer

Milwaukee-based investment bank Eisen Fox & Co. LLC has completed the sale of Marshfield sausage manufacturer Harry C. Wenzel & Sons Inc.
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BMO Private Bank names regional president

Steve Johnson has been named regional vice president, north central states, for BMO Private Bank. He will be based in Milwaukee.

Global turmoil results in Koss loss

Milwaukee-based headphone manufacturer Koss Corp. today reported a fiscal third quarter net loss of $25,000, down from net income of $115,000 in the third quarter of 2013.

Telkonet reports loss

Wauwatosa-based Telkonet Inc. today reported a net loss of $778,208, compared to a net loss of $411,846 in the first quarter of 2013.

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.

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