Banking & Finance

Menomonee Falls-based Actuant Corp. announced it has reached a definitive agreement to sell its Electrical Segment to Sentinel Capital Partners for $258 million in cash, subject to working capital and other closing adjustments.

Speculators wondering about which companies are bidding to acquire Allen Edmonds Shoe Corp. can cross Milwaukee-based Weyco Group Inc. off of the list of potential suitors.
 

Glendale-based Johnson Controls Inc. announced record fiscal fourth quarter net income and plans to explore strategic options for its Automotive Interiors business.
 

Racine-based Modine Manufacturing Co. reported third quarter net earnings of $4.6 million, or 10 cents per share, compared with a net loss of $12.8 million, or 26 cents per share, in the same period a year ago.

Milwaukee-based Artisan Partners Asset Management Inc. said today its public offering of 4.8 million Class A common shares has been priced at $56 per share.

Speculators wondering about which companies are bidding to acquire Allen Edmonds Shoe Corp. can cross Milwaukee-based Weyco Group Inc. off of the list of potential suitors.

Roadrunner Transportation Services Inc. reported third quarter net income of $38.2 million, or 35 cents per share, up from $32.3 million, or 31 cents per share, in the same period a year ago.

Northern Trust has been named Best Private Bank in the United States for the fifth consecutive year by Professional Wealth Management and The Banker magazines, both published by the Financial Times Group.

With the end of the Iraq War and the drawdown of troops in Afghanistan defense contractor Oshkosh Corp. today reported third quarter net income of $36.3 million, or 41 cents per share, down from $78.9 million, or 86 cents per share, in the same period a year ago.

Racine-based Modine Manufacturing Co. today reported third quarter net earnings of $4.6 million, or 10 cents per share, compared with a net loss of $12.8 million, or 26 cents per share, in the same period a year ago.