Banking & Finance
ZBB Energy to do reverse stock split to avoid delisting
Financially strapped ZBB Energy Corp., a Menomonee Falls-based developer of renewable energy power platforms and hybrid vehicle control systems, announced it plans to execute a one-for-five reverse stock split after it received a notice that its stock shares no longer comply with the minimum standards of the New York Stock Exchange (NYSE).
Hazod to lead Foundations Bank
John Hazod has been named president and chief executive officer of Pewaukee-based Foundations Bank.
Badger Meter caps record quarter
Milwaukee-based Badger Meter Inc. reported record sales, record net earnings and record earnings per share for the third quarter.
Snap-on reports robust quarter
Kenosha-based Snap-on Inc. reported third quarter net earnings of $84.6 million, or $1.43 per share, compared with $74.1 million, or $1.26 per share, in the same period a year ago.
Restructuring takes toll on Briggs & Stratton
Milwaukee-based Briggs & Stratton Corp. reported a fiscal first quarter net loss of $19.3 million, or 41 cents per share, compared with a net loss of $16.5 million, or 35 cents per share, in the same period a year ago.
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Restructuring weighs on Sensient
Milwaukee-based Sensient Technologies Corp. reported third quarter net earnings of $31.5 million, or 63 cents per share, down from $32.9 million, or 66 cents per share, in the same period a year ago.
Restructuring weighs on Sensient
Milwaukee-based Sensient Technologies Corp. reported third quarter net earnings of $31.5 million, or 63 cents per share, down from $32.9 million, or 66 cents per share, in the same period a year ago.
Associated Bank reports stable quarter
Green Bay-based Associated Banc-Corp reported third quarter net income of $45.7 million, or 27 cents per share, compared with $46.4 million, or 26 cents per share in the same period a year ago.
Stifel to acquire Ziegler Lotsoff Capital Management
St. Louis, Mo.-based Stifel Financial Corp. announced it has entered into an agreement to acquire Ziegler Lotsoff Capital Management LLC (ZLCM), an asset management business with offices in downtown Milwaukee and Chicago.