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PNC Financial reports drop in quarterly earnings

Pittsburgh-based PNC Financial Services Group Inc., which has branches in the Milwaukee market, reported third-quarter net income of $826 million, or $1.55 per share, down from $1.09 billion, or $2.07 per share, for the same period a year ago.

Associated Banc-Corp heals its balance sheet

Associated Banc-Corp reported third quarter net income of $41.3 million, or 20 cents per share, up from $14.3 million, or 4 cents per share, in the same period a year ago.

Bank Mutual reports stronger quarter

Milwaukee-based Bank Mutual Corp. reported third quarter net income of $1.3 million, 3 cents per share, up from $926,000, or 2 cents per share, in the same period a year ago.

Caterpillar posts record quarter

aterpillar Inc. far exceeded analyst expectations, reporting a 44-percent quarterly earnings increase and record revenue.

ManpowerGroup grows with strategic investments

Milwaukee-based ManpowerGroup reported third quarter net earnings of $79.6 million, or 97 cents per share, up from $51.3 million, or 62 cents per share, in the same period a year ago.

Sensient posts record quarter

Milwaukee-based Sensient Technologies Corp. reported record third quarter earnings per share of 64 cents, up from 59 cents in the same period a year ago.

Mortgage insurance losses mounting for MGIC

Mortgage insurer MGIC Investment Corp. posted a net loss of $165.2 million, or 82 cents per share, for the third quarter, compared with a net loss of $51.5 million, or 26 cents per share, in the same period a year ago.

M&I tops national small business banking satisfaction study

Milwaukee-based M&I Bank ranks No. 1 in overall satisfaction by small business banking customers, according to the J.D. Power and Associates 2011 U.S. Small Business Banking Satisfaction Study of 24 national banks released.
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Snap-On profits rise 45%

Snap-On Inc. is the latest Wisconsin manufacturer to post impressive third quarter results, as manufacturing remains one of the few strong spots in the economy.

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.

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.

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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