Banking & Finance
Johnson Controls on track for 2014 goals
Glendale-based Johnson Controls Inc. today announced fiscal first quarter net income of $469 million, or 69 cents per share, up from $359 million, or 52 cents per share, in the first quarter of 2013.
MGIC recovering in line with mortgage industry
Milwaukee-based MGIC Investment Corp. today reported a fourth quarter net loss of $1.4 million, or 0 cents per share, compared with a net loss of $386.7 million, or $1.91 per share, in the same quarter of 2013.
Weaker generator sales impact Briggs
Wauwatosa-based Briggs & Stratton Corp. today reported fiscal second quarter net income of $702,000, or 1 cent per share, up from a net loss of $635,000, or 2 cents per share, in the second quarter a year ago.
Pallet USA acquires Goeman’s Wood Products
Lannon-based Pallet USA, a portfolio company of Brookfield-based private equity firm Blackthorne Partners, has acquired a majority of the assets of Hartford-based Goeman’s Wood Products Inc.
North Shore Bank adds video ATM
Brookfield-based North Shore Bank has added a video teller ATM at its new grocery store branch in Kenosha.
GE acquires API Healthcare
General Electric has announced it has agreed to acquire Hartford-based API Healthcare.
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Milwaukee County expects larger year-end surplus
Milwaukee County officials are projecting a 2013 year-end fiscal surplus of $14.3 million, according to a memo Monday from county Comptroller Scott Manske to County Board Chairwoman Marina Dimitrijevic.
Energenecs acquires Kamp Synergy
Cedarburg-based Energenecs has acquired Kamp Synergy, a control system integration business in Milwaukee.
BMO Harris: Wis. business owners optimistic
Wisconsin's business owners are optimistic about the year ahead, according to a study conducted by BMO Harris Bank.
Bank Mutual caps strong year
Brown Deer-based Bank Mutual Corp. reported fourth quarter net income of $2.7 million, or 6 cents per share, up 16.9 percent from $2.3 million, or 5 cents per share, in the same period a year ago.