Industries
Dwindling Defense contracts clip earnings at Oshkosh Corp.
With the end of the Iraq War and the drawdown of troops in Afghanistan defense contractor Oshkosh Corp. today reported third quarter net income of $36.3 million, or 41 cents per share, down from $78.9 million, or 86 cents per share, in the same period a year ago.
Modine reports strong quarter
Racine-based Modine Manufacturing Co. today reported third quarter net earnings of $4.6 million, or 10 cents per share, compared with a net loss of $12.8 million, or 26 cents per share, in the same period a year ago.
Ad revenues rise at Journal Sentinel
Milwaukee-based Journal Communications Inc. today reported third quarter net earnings of $4.5 million, or 9 cents per share, down from $7.7 million, or 14 cents per share, in the same period a year ago.
Actuant finds buyer for Electrical Segment
Menomonee Falls-based Actuant Corp. announced today it has reached a definitive agreement to sell its Electrical Segment to Sentinel Capital Partners for $258 million in cash, subject to working capital and other closing adjustments.
Butler to help Salvation Army kick off Red Kettle Campaign
The Salvation Army of Milwaukee County and Green Bay Packer and Honorary Chair LeRoy Butler will kick off the annual Red Kettle Christmas Campaign on Friday at the Milwaukee Public Market’s Palm Garden, 400 N. Water St., from 7 to 9 a.m.
Iowa company acquires Wisconsin Web Offset
Des Moines, Iowa-based Mittera Group has acquired Brookfield-based Wisconsin Web Offset LLC, a commercial web printing and finishing services company.
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Bucks to resurface new court
Representatives from the Milwaukee Bucks, NBA officials, and flooring industry manufacturers and vendors convened in Milwaukee Thursday to review the playing floor situation that occurred last Friday night, preventing the Bucks’ preseason game vs. Toronto from being completed.
Milwaukee manufacturers report robust growth
Milwaukee-area manufacturing activity continued to grow in October, according to the latest report from the Institute for Supply Management-Milwaukee.
FAA eases electronic restrictions
Airline travelers will soon be able to check their emails, watch videos and play games with their electronic devices throughout their flights, the Federal Aviation Administration said today in a long-anticipated announcement.
Bubbler Quote of the Week
"I'm pretty bullish on the market. The need for good power is important – I think our lives depend...
