Banking & Finance

Artisan Partners shares are trading on the NYSE

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.

Weyco Group won’t seek to acquire Allen Edmonds

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 keeps rolling with strong quarter

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 honored as ‘Best Private Bank’

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.

Dwindling Defense contracts clip earnings at Oshkosh Corp.

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.

Modine reports strong quarter

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.
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Actuant finds buyer for Electrical Segment

Menomonee Falls-based Actuant Corp. announced today 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.

Iowa company acquires Wisconsin Web Offset

Des Moines, Iowa-based Mittera Group has acquired Brookfield-based Wisconsin Web Offset LLC, a commercial web printing and finishing services company.

Fiserv unveils mobile retail cash app

Brookfield-based Fiserv Inc. a global provider of financial services technology solutions, has announced the availability of CorPoint Mobile, a mobile application that allows merchants to use their tablet or smartphone to order cash from their financial institution, increasing ease of accessibility and use.

Waterstone Bank caps quarter

Waterstone Financial Inc., the Wauwatosa-based holding company for WaterStone Bank, reported third quarter net income of $3.2 million, or 10 cents per share, compared with $8.4 million, or 54 cents per share, in the same period a year ago.

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