Banking & Finance
Wnuk to leave PNC Bank
After nine years with PNC Bank, including the last four as regional president in Milwaukee, Beth Wnuk has decided to leave the company to pursue other opportunities, according to a letter sent to PNC employees by Dale Klose, executive vice president of the company’s regional presidents group.
Tazinos offers slices of company
Tazinos, an all you can eat pizza and salad restaurant chain based in St. Francis, has raised about 25 percent of its $1 million stock offering in just two weeks.
Harley is riding high
Harley-Davidson Inc.’s remarkable recovery continued in the third quarter, as the Milwaukee-based company’s net income grew to $183.6 million, or 78 cents per share, from $88.8 million, or 38 cents per share, in the same period a year ago.
Northern Trust beats analysts’ expectations
Chicago-based Northern Trust Corp., which has an office in downtown Milwaukee, reported third quarter net income of $170 million, or 70 cents a share, up from $155.6 million, or 64 cents, in the same period a year ago.
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Sensient acquires partner’s interest in Brazilian company
Milwaukee-based Sensient Technologies Corp., a manufacturer of colors, flavors and fragrances, announced it has reached agreement to acquire its joint venture partner’s interest in Sao Paulo, Brazil-based Les Colorants Wackherr do Brasil.
Briggs trims first quarter loss
Wauwatosa-based Briggs & Stratton Corp. reported a net loss of $5.2 million during its fiscal first quarter, a 35.7 percent improvement compared with its net loss of $8.1 million during last year’s fiscal first quarter.
Johnson Controls forecasts record year
Johnson Controls Inc. announced it expects to post record sales and earnings in fiscal 2012.
Harley opens new Latin American headquarters in Miami
Milwaukee-based Harley-Davidson Inc. announced the opening of a new permanent Latin America headquarters in Miami, Fla.