Banking & Finance

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.

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.

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.

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.

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.

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.

U.S. Bancorp, the Minneapolis-based parent company of U.S. Bank, today reported third quarter net income of $1.5 billion, or 76 cents per share, comparable to $1.5 billion, or 74 cents per share, in the same period a year ago.

The PNC Financial Services Group Inc., the Pittsburgh-based parent company of PNC Bank, today reported third quarter net income of $1.0 billion, or $1.79 per share, compared with net income of $1.1 billion, or $1.99 per share, for the same period a year ago.

Northern Trust Corp., the Chicago-based parent company of Northern Trust Bank, today reported third quarter net income of $206.5 million, or 84 cents per share, up from $178.8 million, or 73 cents per share, in the same period a year ago.

The U.S. stock market soared today as investors welcomed the news that leaders in the U.S. Senate are close to a bipartisan agreement that will end the shutdown of the federal government and raise the national debt ceiling.