Industries

Milwaukee-based Koss Corp. reported a fiscal second quarter net loss of $3.4 million, or 47 cents per share, down dramatically from net income of $338,688, or 5 cents per share, in the second quarter of 2013.

Waukesha-based Generac Holdings Inc. reported fourth quarter net income of $48.5 million, or 69 cents per share, up from $28.3 million, or 41 cents per share, in the fourth quarter of 2012.

MillerCoors LLC reported fourth quarter net income of $239.9 million, up from $172.3 million in the fourth quarter of 2012.

Wauwatosa-based real estate development firm Irgens announced that it has secured a $71 million first mortgage loan commitment from a consortium of four banks to finance the development of 833 East, a 17-story office tower that it plans to build near the lakefront in downtown Milwaukee.

Milwaukee-based Ascedia Inc., a full-service digital agency, announced that it has completed its acquisition of Milwaukee-based digital development and marketing agency Roll Mobile.

A $2 million seed fund has been established to move innovative technology and ideas developed at University of Wisconsin campuses into the commercial stage.

The state Assembly last week passed a bill that makes some changes to the Wisconsin 529 College Savings Plans, EdVest and Tomorrow’s Scholar.

New Berlin-based Landmark Credit Union will close on its acquisition of Hartford-based Hartford Savings Bank at the end of the month.

The flight cancellations are rolling in at General Mitchell International Airport as a winter storm settles in over the Milwaukee area.

Ridgestone Financial Services finished the year with record earnings of $7.1 million in 2013, up from $2.0 million in 2012.