Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
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.
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.
Higher organic sales propel Rockwell earnings
Milwaukee-based Rockwell Automation, Inc. today reported fiscal second quarter net income of $180.3 million, or $1.28 per share, up from $175.9 million, or $1.24 per share, in the second quarter of 2013.
- Advertisement -
Journal earnings up on Olympics revenue
Milwaukee-based Journal Communications, Inc. today reported first quarter net earnings of $12.1 million, or 24 cents per share, up from $3.7 million, or 8 cents per share, in the first quarter of 2013.
Yacht market weakness contributes to Twin Disc loss
Racine-based Twin Disc, Inc. today reported a fiscal third quarter net loss of $360,000, or 3 cents per share, compared to a net loss of $608,000, or 7 cents per share, in the third quarter of 2013.
Milwaukee investment group buys Fontarome out of receivership
Milwaukee-based private investment group SFM Investments LLC has acquired the assets of St. Francis-based Fontarome Chemical Inc. and its wholly owned French subsidiary FCI SAS out of chapter 128 receivership.
Public accounting firms merge
Brookfield-based Sitzberger Widmann & Company S.C. and Milwaukee-based Hau & Associates have merged their public accounting firms.
