Banking & Finance

Racine-based Modine Manufacturing Co. reported a fiscal second quarter net loss of $12.0 million, or 26 cents per share, compared with net earnings of $1.4 million, or 3 cents per share, in the same period a year ago.

Rexnord Corp. reported fiscal second quarter net income of $19.2 million, or 19 cents per share, up from $4.5 million, or 6 cents per share, in the same period a year ago.

Briggs & Stratton Corp. announced that it has signed a definitive agreement to acquire Companhia Caetano Branco of Brazil for approximately $60 million, subject to post-closing adjustments.

Kenosha plastic injection molder Xten Industries is adding a fourth shift so it can run 24/7 to keep up with growth.

Northern Trust Bank has been named “Best Private Bank” in the United States for the fourth consecutive year by Professional Wealth Management and The Banker magazines, both published by the Financial Times Group.

Anchor BanCorp Wisconsin Inc., the Madison-based parent company of Anchor Bank, announced a third quarter net loss of $12.1 million, or 57 cents per share, compared with a net loss of $19.6 million, or 92 cents per share, for the same period a year ago.

Northwestern Mutual has announced that its Foundation will increase its charitable donations by $200,000 in fiscal year 2013 to a total of $16.9 million.

Global View Capital Advisors of Waukesha has launched its Senior Initiative, a team of experts to help seniors and families that are caught in the “sandwich generation.”

Northwestern Mutual has announced the promotion of three executives in Milwaukee.

Glendale-based Johnson Controls Inc. reported a fiscal fourth quarter net loss of $8.0 million, or 1 cent per share, compared with net income of $234 million, or 34 cents per share, in the same period a year ago.