Banking & Finance

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.

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.

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

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 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.

Brookfield-based Fiserv Inc. a global provider of financial services technology solutions, announced today 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.

Regal Beloit Corp. today announced it has reached agreement to acquire Cemp, s.r.l., a manufacturer of hazardous duty motors based in Milan, Italy.

Men's Wearhouse Inc. is attempting to acquire Port Washington-based Allen Edmonds Shoe Corp., according to a Wall Street Journal report.

The Rauser Agency, a health insurance and employee benefits solutions firm, recently moved its downtown Milwaukee headquarters office across the street from 400 E. Wisconsin Ave. to the 411 E. Wisconsin Ave. tower.

After working at Robert W. Baird & Co. Inc. for 19 years, financial planner Betty Wellhoefer Hill has branched out to establish her own investment advisory firm in Grafton.