Banking & Finance

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 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.

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

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.

The Wisconsin Association of Financial Professionals will host its 25th Annual Conference on Tuesday, Sept. 10 from 8:15 a.m....

Matthew Dolsky has joined Ridgestone Bank’s Brookfield office as AVP-commercial lending. He will be responsible for government guaranteed lending...

Cudahy-based Roadrunner Transportation Systems Inc. has announced a public offering of 3.5 million shares of common stock, 1.5 million of which will come from the company.

Milwaukee-based headphone manufacturer Koss Corp. reported fourth quarter net income of $4.6 million, or 62 cents per share, up from $931,891, or 13 cents per share, in the fourth quarter of 2012.

The Bank of Wausau became the 14th federally insured Wisconsin bank to be seized by regulators Friday.

Milwaukee-based Douglas Dynamics Inc. reported lower second quarter net income and net sales.