Banking & Finance

Principal Financial Group employees Ben Trevino, Roric Griffith, Adam Brophy and Susie Allen have been named Million Dollar Round Table members. All four are based at the company’s Wisconsin Business Center in Milwaukee.

Wisconsin Bank & Trust today reported second quarter net income of $1.5 million, the same as in the second quarter of 2012.

Racine-based Twin Disc Inc., facing a sales and earnings decline that the company blames on “continued weakness in the North American pressure pumping sector,” reported fourth quarter net earnings of $47,000, down from $1.26 million in the fiscal 2012 fourth quarter.

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.

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.

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

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.

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

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