Banking & Finance

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

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.

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.

Cudahy-based Roadrunner Transportation Systems Inc. announced it has acquired Wando Trucking Charleston, S.C., and Adrian Carriers of Milan, Ill.

Milwaukee-based Artisan Partners Asset Management Inc. reported net income of $3.0 million, or 19 cents per share, in its first quarter as a publicly traded company.

Waterstone Financial Inc., the Wauwatosa-based parent company of WaterStone Bank, reported first quarter net income of $4.6 million, or 15 cents per share, up from $2.2 million, or 7 cents per share, in the same period a year ago.

Johnson Outdoors Inc. reported fiscal second quarter net income of $8.9 million, or 90 cents per share, up from $7.3 million, or 74 cents per share, in the same period a year ago.

It's no secret that Republicans and Democrats in the Wisconsin Legislature have disagreed on more than a few issues in recent years. There comes a time, however, to put partisanship aside and to stand on common ground.