Industries

Northwestern Mutual is on track to meet commitments for construction of the 32-story, 1.1 million-square-foot Northwestern Mutual Tower and Commons project that it is building at its corporate headquarters campus in downtown Milwaukee, according to the first quarterly report submitted by Prism Technical to the city of Milwaukee.

Milwaukee-based Northwestern Mutual is reinforcing its commitment to fight childhood cancer with a $400,000 contribution to an innovative research program headed by national nonprofit Alex’s Lemonade Stand Foundation.

Milwaukee-based ManpowerGroup today reported third quarter net earnings of $130.5 million, or $1.61 per share, up from $94.7 million, or $1.18 per share, in the same period a year ago.

A.O. Smith Corp. today reported third quarter net earnings of $50.6 million, or 56 cents per share, up from $46.2 million, or 50 cents per share, in the same period a year ago.
The company’s quarterly sales grew 8.5 percent to $581.6 million from $536.2 million a year earlier.

Milwaukee-based Harley-Davidson Inc. today reported third quarter net income of $150.1 million, or 69 cents per share, down from $162.7 million, or 73 cents per share, in the same period a year ago.

Following former Kohler Engines president Tom Cromwell’s appointment to group president at Kohler Co.’s Power Group in September, the company has promoted Brian Melka to the role of president of Engines Americas.

The prices of homes sold in September rose in all of Wisconsin and also in the southeastern part of the state, according to the latest data from the Wisconsin Realtors Association.

The Milwaukee Bucks announced that the team has added seven additional local investors to its ownership group, and for the first time acknowledged that New York hedge fund manager Jamie Dinan is a “substantial” owner of the team.

Milwaukee-based mortgage insurance firm MGIC Investment Corp. reported third quarter net income of $72 million, or 18 cents per share, up from $12.1 million, or four cents per share, in the third quarter of 2013.

The Wisconsin Chapter of the Association for Corporate Growth recognized A.O. Smith Corp. of Milwaukee and J.F. Brennan Company of La Crosse with Outstanding Growth Awards during the chapter's member meeting this month.