Banking & Finance

Kenosha-based tool manufacturer Snap-on Inc. has acquired Challenger Lifts Inc. for about $38 million in cash.

The improving economy is yielding dividends for First National Bank Fox Valley. FNB will expand its corporate office at 550 S. Green Bay Road by 8,000 square feet. The space will expand the bank's operations department, add training and conference rooms and a new employee lounge and break room.

SABMiller plc and Molson Coors Brewing Company reported first quarter net income of $271.9 million for Chicago-based MillerCoors LLC, a decrease of 1.2 percent compared to the 2012 first quarter.

Quad/Graphics Inc. reported a first quarter net loss of $14.1 million, or 31 cents per share, compared with net earnings of$47.5 million, or $1.01 per share, in the same period a year ago.

The Wisconsin Chapter of the Association for Corporate Growth (ACG Wisconsin) announced that Tom Walton, managing director at Hanley, Hammill, Thomas, has succeeded Steven Peterson, managing director at Brass Ring Capital Inc., as chapter president.

SABMiller plc and Molson Coors Brewing Company reported first quarter net income of $271.9 million for Chicago-based MillerCoors LLC, a decrease of 1.2 percent compared to the 2012 first quarter.

AptarGroup Inc., a dispenser manufacturing company based in Crystal Lake, Ill., announced it will invest $50 million in its Mukwonago manufacturing facility.

Madison-based Wisconsin Bank & Trust plans to enter the Milwaukee market with a mortgage lending office in Brookfield.

Milwaukee-based MGIC Investment Corp. continues to post hefty losses. The company reported a first quarter net loss of $72.9 million, or 31 cents per share, up significantly from a net loss of $19.56 million, or 10 cents per share, in the first quarter of 2012.

Sussex-based Quad/Graphics Inc. has purchased a minority interest in Pixability, a YouTube-certified marketing and advertising company that works with brands, e-commerce firms and agencies to improve video marketing results.