Industries
Oshkosh earnings down on defense downturn
Oshkosh Corp. today reported fiscal third quarter net income of $105.1 million, down from $148.7 million in the third quarter of 2013.
Strattec stock added to Russell 2000
Milwaukee-based Strattec Security Corp.’s stock, which trades on the Nasdaq with the “STRT” ticker symbol, has been added to both the Russell 2000 Index and the Russell 3000 Index, which are indexes that are constructed to provide board based benchmarks for performance of many U.S. equities by market capitalization.
Sensient earnings down on restructuring charges
Milwaukee-based Sensient Technologies Corp. reported second quarter net earnings of $29.1 million, or 59 cents per share, down from $32.3 million, or 65 cents per share, in the second quarter of 2013.
Marcus caps record quarter
The Marcus Corp. reported fiscal fourth quarter net earnings of $4.3 million, or 16 cents per share, up from $3.5 million, or 13 cents per share, in the same period a year ago.
A.O. Smith reports record revenue
Milwaukee-based A.O. Smith Corp.reported second quarter net earnings of $57.3 million, or 63 cents per share, up from $42.1 million, or 45 cents per share, in the second quarter of 2013.
Harley revenue up, shipments down
Milwaukee-based Harley-Davidson Inc. reported second quarter net income of $354.2 million, or $1.62 per share, up from $271.7 million, or $1.21 per share, in the second quarter of 2013.
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Culver to retire from MGIC
MGIC Investment Corp. announced that Curt Culver will retire as chief executive officer, effective March 1.
Storage Systems Midwest acquires Babush
Storage Systems Midwest Inc., a Waukesha-based provider of materials storage solutions for commercial and industrial companies throughout the United States, has acquired Sussex-based Babush Material Handling Systems Inc.
Roundy’s CFO leaves for Rite Aid
Milwaukee-based Roundy's Inc. announced that its chief financial officer and executive vice president, Darren Karst, will leave the company to join Rite Aid Corp.
Bucks announce new executive leadership
The Milwaukee Bucks today announced the addition of two new top executives and the appointment of longtime Bucks executive John F. Steinmiller to a new post.