Banking & Finance

Briggs & Stratton caps rough quarter

Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $55.0 million, or $1.17 per share, compared with a net loss of $8.4 million, or 18 cents per share, in the same period a year ago.

Zeske is new vice president at Bank Mutual

Bank Mutual Corp. announced the appointment of Jeanne Zeske to vice president of commercial banking for southeastern Wisconsin.

Briggs & Stratton caps rough quarter

Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $55.0 million, or $1.17 per share, compared with a net loss of $8.4 million, or 18 cents per share, in the same period a year ago.

The layers of successful trust planning

Regardless of the intended purpose, the process of completing and implementing a trust involves layers of planning and analysis. This article touches on two of those layers.

94

JPMorgan Chase is eliminating 94 positions in its mortgage banking line of business, most of them in downtown Milwaukee. The bank had 1,967 employees in Wisconsin as of December 2012.

Kohl’s reports flat quarter

Kohl’s Corp. today reported second quarter net income of $231 million, or $1.04 per share, compared with $240 million, or $1.00 per share in the same period a year ago.
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Briggs & Stratton caps rough quarter

Milwaukee-based Briggs & Stratton Corp. today reported a fiscal fourth quarter net loss of $55.0 million, or $1.17 per share, compared with a net loss of $8.4 million, or 18 cents per share, in the same period a year ago.

Minority-owned banks pay higher CD rates

Minority-owned American banks are more generous with their customers when it comes to interest rates on certificates of deposit. That’s according to a new study from the University of Wisconsin-Whitewater.

Strattec Q4 profits are flat

Milwaukee-based Strattec Security Corp. reported fourth flat fourth quarter profits, and a slight dip in profits for the full fiscal year.

Roundy’s Q2 results sag

Milwaukee-based grocer Roundy's Inc. reported that its second quarter net income fell 28.6 percent to $13.5 million, or 30 cents per diluted share, and that its net sales dipped 1.7 percent to $980.3 million, compared to the second quarter of 2012.

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