Banking & Finance

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

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

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.

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

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

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.

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.

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.

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.

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.