Banking & Finance
Stay informed on the latest banking, finance, and investment news across Milwaukee and Wisconsin.
Dickten Masch acquires Indiana company
Nashotah-based Dickten Masch Plastics (DMP), a thermoplastics and thermoset manufacturer with metal stamping and assembly capabilities, has acquired Nyloncraft Inc., a technical plastics manufacturer based in Mishawaka, Ind.
Restructuring charges clip Brady Corp.
Milwaukee-based Brady Corp. reported fiscal fourth quarter net income of $11.7 million, or 22 cents per share, down from $29.6 million, or 55 cents per share, in the same period a year ago.
Wells Fargo promotes Sheehy to vice president
Wells Fargo Commercial Banking announced today the addition of Jennifer Sheehy as vice president of the southeastern Wisconsin market.
Back-to-school sales propel retailers
A surge of back-to-school sales helped most U.S. retailers ring their cash registers in August, according to the latest monthly totals.
National home prices surge again
U.S. home prices rose for a second month in June, according to the S&P/Case-Shiller Index, which showed the strongest back-to-back monthly advance in the more than decade-long history of the price gauge.
BMO Financial Group reports robust quarter
BMO Financial Group, the Toronto-based parent company of BMO Harris Bank, reported third quarter net income of $970 million (Canadian), up 37 percent from the same period a year ago.
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Joy Global forecasts ‘sluggish’ recovery
Joy Global Inc. reported third quarter net income of $193.6 million, or $1.81 per share, up from $173.1 million, or $1.62 per share, in the same period a year ago.
New hires and promotions
Mary Kay Merkt has been named senior vice president, director of vendor management and procurement at Johnson Financial Group...
Journal acquires Tenn. station
Journal Broadcast Group, a subsidiary of Milwaukee news company Journal Communications Inc., has announced it will acquire WTVF NewsChannel 5 Network in Nashville, Tenn.
Business partnerships
Brian Bautz, president of Engineered Security Solutions Inc., a full-service electronic security provider in New Berlin, merged his business with Abbott Electronic Security in Kenosha to partner with longtime colleague Andy Abbott, now vice president of operations for E.S.S. Bautz shares key factors that led them to the merger and tips on how to identify a suitable business partner.
