Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
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.
Northwestern Mutual will be Rose Bowl presenting sponsor
Milwaukee-based Northwestern Mutual Life Insurance Co. has announced it will be the presenting sponsor at the Rose Bowl Game beginning in 2015.
Techniplas Group acquires Weidmann plastics division
Nashotah-based Techniplas Group has acquired the plastics technology automotive and industrial division of Weidmann International Corp.
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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.
