Banking & Finance

Sachdeva settlement boosts Koss

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.

Nicolet National Bank acquires assets of Bank of Wausau

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

Douglas Dynamics Q2 income falls as pre-season orders shift

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

MillerCoors profits shrink

SABMiller plc and Molson Coors Brewing Co. reported that net sales and net income for MillerCoors LLC declined during the second quarter.

Sachdeva settlement boosts Koss

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.

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.
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Fiserv earnings down

Brookfield-based Fiserv Inc. reported second quarter net income of $151 million, or $1.13 per share, down from $161 million, or $1.17 per share, in the second quarter of 2012.

Connecture projects major revenue growth

Brookfield-based Connecture, Inc. is forecasting revenue growth of more than 80 percent this year to revenues in excess of $90 million.

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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