Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Associated Bank reports robust quarter
Green Bay-based Associated Banc-Corp reported third quarter net income of $45 million, or 26 cents per share, up from $34 million, or 20 cents per share, in the same period a year ago.
Caterpillar lowers outlook
Despite posting a record third quarter with a 49-percent increase in earnings, Caterpillar Inc. lowered its outlook for 2013.
Johnson Controls plans restructuring
Johnson Controls Inc. has released details of the restructuring activities it has planned for the fourth quarter.
Johnson Controls to acquire assets of bankrupt company
Glendale-based Johnson Controls Inc. has entered into an agreement to purchase the automotive business assets of A123 Systems Inc., a Waltham, Mass., company that filed for bankruptcy protection.
Badger Meter reports strong quarter
Milwaukee-based Badger Meter Inc. reported increased sales, earnings and earnings per share for the third quarter.
A.O. Smith raises earnings guidance
Water technology company A. O. Smith Corp. reported third quarter net income of $37.0 million, or 79 cents per share, down from $182.3 million, or $3.91 per share, in the same period a year ago.
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Snap-on Inc. reports strong quarter
Snap-on Inc. reported third quarter net earnings of $74.1 million, or $1.26 per share, up from $67.8 million, or $1.16 per share, in the same period a year ago.
Drought takes toll on Briggs & Stratton
Drought conditions that resulted in lower lawn mower sales prompted Briggs & Stratton Corp. to report a fiscal first quarter net loss of $13.2 million, excluding additional restructuring charges.
Milwaukee Biz Blog: A flatter tax is not a fairer tax
The call for a “flatter” income tax often is accompanied by a call for fairness. In truth, the flatter tax is not fair, according to Jack Norman, author of today’s Milwaukee Biz Blog.
Associated Bank reports robust quarter
Green Bay-based Associated Banc-Corp reported third quarter net income of $45 million, or 26 cents per share, up from $34 million, or 20 cents per share, in the same period a year ago.
