Banking & Finance

Fiserv Inc. reported first quarter net income of $132 million, or 94 cents per share, up from $112 million, or 76 cents per share, in the same period a year ago.

A suit brought by Milwaukee headphone manufacturer Koss Corporation against Milwaukee-based Park Bank moved forward Monday following a hearing in the case.

A lawsuit brought by Milwaukee headphone manufacturer Koss Corp. against Milwaukee-based Park Bank moved forward Monday following a hearing in the case.

U.S. Bank and The Livesey Company of Madison announced today they have closed on a $27.5 million construction loan that will finance construction of Spectrum Brands Holdings’ new world headquarters building to be built in Middleton.

Milwaukee-based Harley-Davidson Inc. reported first quarter net income of $172.0 million, or 74 cents per share, up from $119.3 million, or 51 cents per share, in the same period a year ago.

Growth in mining, strong replacement demand for products in the United States and a continued focus on cost management helped Caterpillar Inc. deliver record quarterly profits of$1.6 billion, or $2.37 per share in the first quarter, up from $1.2 billion, or $1.84 per share, in the same period a year ago.

First Business Financial Services Inc., the Madison-based parent company of First Business Bank and First Business Bank-Milwaukee, reported first quarter net income of $2.2 million, or 84 cents per share, up from $1.3 million, or 52 cents per share, in the same period a year ago.

Milwaukee-based Robert W. Baird & Co. Inc. posted record revenues of $925 million in 2011, up 9 percent from 2010, according to the company's annual report.

PLC Holding of France has acquired Wisconsin Oven Corp., an East Troy-based manufacturer of industrial ovens for the aerospace, automotive, composite and finishing industries.

The PNC Financial Services Group Inc. announced that its board of directors has elected William Demchak to be president of the corporation and its principal banking subsidiary, PNC Bank, National Association.