Banking & Finance

Delta Airlines has reportedly reached an agreement to purchase the naming rights for the Frontier Airlines Center in downtown Milwaukee.

A Brookfield based software company that could be a major player if federal health care reform announced today that it has received a $20 million funding boost from investors.

Low consumer spending continues to hamper The Bon-Ton Stores Inc., the owner and operator of the Boston Store chain.

Elite Sports Clubs announced that it has entered into an agreement to acquire Le Club, a health and fitness club located in Glendale.

American Banker, a financial services publication, has ranked Milwaukee business law firm Godfrey & Kahn S.C. as the “Top Lead Legal Advisor” in Wisconsin.

GE Healthcare, through its GE healthymagination Fund, has invested $20 million in Ornim Inc., an Israeli developer of a muscle and tissue monitor.

Sussex-based Quad/Graphics Inc. reported a second quarter net loss of $20.8 million, or 44 cents per share, compared with a net loss of $10.2 million, or 31 cents per share, in the same period a year ago.

Milwaukee-based Strattec Security Corp. reported fiscal fourth quarter net income of $3.2 million, or 97 cents per share, up from $2.7 million, or 81 cents per share, in the same period a year ago.

Menomonee Falls-based Magnetek Inc. reported second quarter net income of $3.2 million, or 99 cents per share, up from $1.2 million, or 37 cents per share, in the same period a year ago.

Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $8.4 million, or 18 cents per share, which was an improvement over a net loss of $17.8 million, or 36 cents per share, in the same period a year ago.