Banking & Finance

OnCourse Learning sold to CIP Capital

Waukesha-based OnCourse Learning Corp. has been acquired by New York private equity firm CIP capital.

Tramont files for reorganization

Milwaukee-based Tramont Corp. announced today that it has filed a petition to reorganize under Chapter 128 of state statutes, which is similar to Chapter 11 of the federal bankruptcy law. The petition was filed this week in Milwaukee County Circuit Court.

Brady Corp. sells Die-Cut business

Milwaukee-based Brady Corp., a world leader in identification solutions, announced it has reached an agreement to sell its Die-Cut business to Boyd Corp. of Modesto, Calif.

Renaissance Power acquires gearbox manufacturer

Milwaukee-based Renaissance Power Systems has acquired Roebuck, S.C.-based Griffin Gear Inc.

Kohl’s Corp. down in quarter, year

Menomonee Falls-based Kohl’s Corp. reported fourth quarter net income of $334 million, or $1.56 per share, down from $378 million, or $1.66 per share, in the same period a year ago.

Vertis acquisition boosts Quad/Graphics

Sussex-based Quad/Graphics Inc. today reported fourth quarter net earnings of $60 million, or $1.24 per share, up significantly from $20.7 million, or 39 cents per share, in the fourth quarter of 2012.
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Roundy’s rebounds from 2012 loss

Milwaukee-based Roundy’s Inc. reported fourth quarter net income of $8.7 million, or 19 cents per share, compared to a net loss of $98.4 million, or $2.19 per share, in the fourth quarter of 2012.

BMO Private Bank names Kollauf estate planning manager

Rick Kollauf has been named estate planning manager at BMO Private Bank.

Weyco revenue up in quarter, year

Milwaukee-based shoe manufacturer Weyco Group Inc. today reported fourth quarter net earnings of $7.2 million, or 62 cents per share, down from $8.3 million, or 71 cents per share, in the same period a year ago.

State bank profits up

Wisconsin state banks reported combined net income of $1.02 billion in the fourth quarter of 2013, up from $828 million in the fourth quarter of 2012, according to the Quarterly Banking Profile released by the Federal Deposit Insurance Corp. today.

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