Banking & Finance

Rockwell earnings up 6.8%

Milwaukee-based Rockwell Automation Inc. reported third quarter net income of $203.7 million, up 6.8 percent compared to $190.7 million in net income during the third quarter of fiscal 2012. Diluted earnings per share were $1.45, up from $1.33.

Rexnord posts profit for fiscal first quarter

West Milwaukee-based Rexnord Corp. reported fiscal first quarter net income of $14 million, a recovery from a net loss of $1 million in the first quarter of the previous fiscal year.

Wholesale drives Weyco growth

Weyco Group Inc. reported net earnings of $2.2 million, or 20 cents per share, the same as a year ago.

New products power slight 3Q increase for Johnson Outdoors

Racine-based Johnson Outdoors Inc. reported a slight fiscal third quarter net sales increase, from $128.6 million in 2012 to $129.8 million this year.

Generac announces secondary offering

Funds affiliated with CCMP Capital are selling all of their 7.02 million shares of stock in Generac Holdings Inc. through a secondary offering, excluding small amounts held by directors and a former director that were given as compensation for service on the board of directors.

Actuant to acquire oil and gas support company

Actuant Corp. announced it is acquiring Viking SeaTech, a Scottish offshore oil and gas support company, for about $225 million.
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Social media and high-tech tools boost nonprofit fundraising

Social media campaigns and high-tech communication tools increasingly are becoming indispensable for fundraising in the nonprofit sector.

MSO faces financial challenges

While the Milwaukee Symphony Orchestra has long been regarded as a world-class music ensemble, behind all the acclaim and recognition is a nonprofit organization that has faced significant financial challenges, particularly during recent seasons.

MGIC returns to profitability

Reflecting the growing rebound of the U.S. housing market, Milwaukee-based MGIC Investment Corp. reported its first quarterly profit since 2010.

Actuant to acquire oil and gas support company

Actuant Corp. announced today it is acquiring Viking SeaTech, a Scottish offshore oil and gas support company, for about $225 million.

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