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Wisconsin Business News


Provided by Milwaukee Journal Sentinel

2015 Volkswagen Golf hatchback packs bigger punch than most compacts
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Handling and ride are as good as, or better, than most of its competitors, and it has a lot of worthy competitors, such as the Mazda3, which also is a delight.

Business in Wisconsin
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Business in Wisconsin publishes items of interest about Wisconsin businesses.

SEC examines Caterpillar's accounting for Bucyrus
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Caterpillar Inc. says the SEC is looking into accounting measures taken in its 2011 acquisition of mining equipment maker Bucyrus International Inc.

Alleged fraud costs Blackhawk Bancorp $1.6 million
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In its earnings report, Beloit’s Blackhawk Bancorp Inc. said it took an impairment charge after it was discovered that USDA-backed loans in which it had a financial stake were phony.

Green Bay Packaging buys 2 cardboard, packaging firms
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Green Bay Packaging said Friday it acquired Great Lakes Packaging Corp., Germantown, and Midland Container Corp., Franksville, which have combined employment of 230.

Wall Street caps a wild month with a rally
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The catalyst for a rally on Friday was Japan’s central bank, which committed to a huge increase in its purchases of bonds and other assets in the country’s latest effort to shake off two decades of economic stagnation.

NewPage agrees to sell Biron mill
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Canada’s Catalyst Paper Corp. said Friday it has agreed to acquire NewPage’s mill in Biron and a second mill in western Maine in a deal valued at $74 million.

Walmart ups ante on holiday shopping
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Walmart’s move underscores how stores are being forced to step up their game for the holiday shopping season, which accounts for about 20% of retail industry’s annual sales.

Rexnord acquires Italian manufacturer Tollok
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Tollok is a supplier of shaft locking devices for the power generation and process industries.

Oshkosh Corp. earnings more than double; raises dividend 13%
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Oshkosh Corp. reported fiscal fourth-quarter earnings more than doubled as lower defense segment sales were offset in part by improved demand in the access equipment and commercial segments.

New Faces, New Places
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New Faces, New Places is about personnel changes at Wisconsin businesses.

N.Y. real estate investor apparent winner of Grand Avenue mall auction
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A Brooklyn, N.Y.-based real estate investor is apparently the high bidder on downtown Milwaukee’s Shops of Grand Avenue mall.

High-tech camera helps improve diabetic care
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Two local clinics have found a way to help prevent patients with diabetes from losing their eyesight while saving money.

Manitowoc's Bank First National earnings jump 30%
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Profits for the parent company of Bank First National increased more than 30% in the third quarter as net interest income rose and the bank's loan portfolio improved.

Baylake earnings rise, aided by improving loan portfolio
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An improving loan portfolio required no addition to loan-loss reserves in the third quarter, helping the parent company of Baylake Bank post an 11.4% increase in earnings.

'ChevyGuy' becomes social media sensation
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ChevyGuy and MadBum are the big winners of the World Series.

Roadrunner Transportation Systems earnings up 8.9%
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Roadrunner Transportation Systems Inc. earned $14.4 million in its third quarter, up 8.9% from the $13.2 million the Cudahy trucking and logistics firm netted a year ago.

Global Precision Industries moves to Menomonee Falls
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The privately held firm will relocate from Germantown to a new building in Menomonee Falls, which it is expanding with facilities for rapid prototyping, testing, warehousing and design.

Business Index
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