Banking & Finance

Biz Blog: Shrinking accounting industry limits options

In a late 2013 Milwaukee Biz Blog, economist Kay Plantes questioned whether consolidation in the professional services sector has been a good thing.

Innovative Signs purchases assets of Alpha Neonx

Waukesha-based Innovative Signs has purchased the assets of Wauwatosa-Based Alpha Neonx, a manufacturer of electrical signs.

U.S. Bank to add hundreds of jobs downtown

Minneapolis-based U.S. Bancorp plans to add about 300 employees to its downtown Milwaukee workforce in the next couple of years, according to U.S. Bank vice president Joe Ullrich.

Johnson Insurance offering private exchange

Racine-based Johnson Insurance Services has created a private health insurance exchange for businesses.

Shrinking accounting industry limits options

In a late 2013 Milwaukee Biz Blog, economist Kay Plantes questioned whether consolidation in the professional services sector has been a good thing.

Rexnord announces offering price

Milwaukee-based Rexnord Corp. today announced its public offering of 3 million shares of common stock will be priced at $25.75 per share. The 12 million stockholder shares being sold by funds affiliated with Apollo Global Management LLC and George M. Sherman, chairman of Rexnord, will also be priced at $25.75.
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Cold weather hurts Johnson Outdoors

Racine-based Johnson Outdoors today reported a fiscal first quarter net loss of $2.1 million, or 22 cents per share, down from a net income of $247,000, or 2 cents per share, in the first fiscal quarter of 2013.

Restructuring impacts Modine

Racine-based Modine Manufacturing Co. today announced a fiscal third quarter net loss of $3.4 million, or 8 cents per share, compared to a loss of $8.4 million, or 19 cents per share, in the third quarter of 2013.

ManpowerGroup reports strong 4Q, year

Milwaukee-based ManpowerGroup today reported fourth quarter net earnings of $101.2 million, or $1.25 per share, up from $53.3 million, or 68 cents, in the fourth quarter of 2012.

Global sales drive Harley surge

Milwaukee-based Harley-Davidson Inc. reported fourth quarter net earnings of $75.4 million, or 34 cents per share, up from $70.6 million, or 31 cents per share, in the fourth quarter of 2012.

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