Economic Development
Investors provide $20 million for Connecture
A Brookfield based software company that could be a major player if federal health care reform announced today that it has received a $20 million funding boost from investors.
Bon-Ton losses widen
Low consumer spending continues to hamper The Bon-Ton Stores Inc., the owner and operator of the Boston Store chain.
Elite Sports Clubs to acquire Le Club
Elite Sports Clubs announced that it has entered into an agreement to acquire Le Club, a health and fitness club located in Glendale.
New hires and promotions
Kyle Geis has been promoted to mortgage consultant at Waukesha State Bank. Geis will specialize in WHEDA loans and...
Godfrey & Kahn ranked as top advisor
American Banker, a financial services publication, has ranked Milwaukee business law firm Godfrey & Kahn S.C. as the “Top Lead Legal Advisor” in Wisconsin.
Losses mounting at Quad/Graphics
Sussex-based Quad/Graphics Inc. reported a second quarter net loss of $20.8 million, or 44 cents per share, compared with a net loss of $10.2 million, or 31 cents per share, in the same period a year ago.
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Strattec caps strong fiscal year
Milwaukee-based Strattec Security Corp. reported fiscal fourth quarter net income of $3.2 million, or 97 cents per share, up from $2.7 million, or 81 cents per share, in the same period a year ago.
Magnetek’s profits rise
Menomonee Falls-based Magnetek Inc. reported second quarter net income of $3.2 million, or 99 cents per share, up from $1.2 million, or 37 cents per share, in the same period a year ago.
Drought takes toll on Briggs & Stratton
Milwaukee-based Briggs & Stratton Corp. reported a fiscal fourth quarter net loss of $8.4 million, or 18 cents per share, which was an improvement over a net loss of $17.8 million, or 36 cents per share, in the same period a year ago.
Kohl’s earnings dip
Kohl's Corp. reported second quarter net income of $240 million, or $1.00 per share, down from $299 million, or $1.08 per share, in the same period a year ago.