Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Troyk Printing Corp. acquired by Illinois printer
Franklin-based Troyk Printing Corp. has been acquired by Niles, Ill.-based printing company The Garvey Group LLC.
Wisconsin credit unions report higher net income
Wisconsin’s 170 state-chartered credit unions reported first quarter net income of $56.3 million, up 6 percent from $53.1 million in the first quarter of 2013, according to the Department of Financial Institutions.
Brutal winter dings Johnson Outdoors
Racine-based Johnson Outdoors Inc. today reported fiscal second quarter net income of $7.4 million, or 67 cents per share, down from $8.9 million, or 90 cents per share, in the second quarter of 2013.
TDS to acquire Oregon company
Telephone and Data Systems Inc., the parent company of Madison-based TDS Telecom, announced an agreement to acquire substantially all of the assets of a group of companies operating as BendBroadband for $261 million.
Brady Corp. closes first phase of sale of Die-Cut business
Milwaukee-based Brady Corp. today announced that it has completed the first phase of the previously announced two-step divestiture of its European and Asian Die-Cut businesses to Boyd Corp., a provider of specialty material-based environmental and energy management solutions. Brady announced in February that it reached an agreement to sell its Die-Cut business to Boyd Corp. in a two-step process.
Harsh winter weather freezes Weyco earnings
The frigid winter weather at the start of this year helped freeze earnings for Milwaukee-based shoe manufactuer Weyco Group Inc.
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Wisconsin Energy earnings up on high winter demand
Milwaukee-based Wisconsin Energy Corp. today reported first quarter net income of $207.6 million, or 91 cents per share, up from $176.6 million, or 76 cents per share, in the first quarter of 2013.
Artisan earnings up on increased assets under management
Artisan Partners Asset Management Inc. reported first quarter net income of $8.6 million, or a loss of $2.29 per share, up from $3 million, or 19 cents per share, in the first quarter of 2013.
Higher sales drive Fiserv earnings bump
Brookfield-based Fiserv Inc. reported first quarter net income of $168 million, or 65 cents per share, up from $117 million, or 43 cents per share, in the first quarter of 2013.
Klement’s Sausage Co. is for sale
Milwaukee-based Klement's Sausage Co. is for sale and could be sold as soon as today.