Banking / Finance / M&A

Caterpillar Inc. today reported first quarter net income of $933 million, or $1.44 per share, up from $880 million, or $1.31 per share, in the first quarter of 2013.
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Brookfield-based Sitzberger Widmann & Company S.C. and Milwaukee-based Hau & Associates have merged their public accounting firms.
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Glendale-based Johnson Controls Inc. today reported second quarter net income of $291 million, or 39 cents per share, up significantly from $193 million, or 24 cents per share, in the second quarter of 2013.
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Milwaukee-based private investment group SFM Investments LLC has acquired the assets of St. Francis-based Fontarome Chemical Inc. and its wholly owned French subsidiary FCI SAS out of chapter 128 receivership.
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Milwaukee-based A.O. Smith Corp. today reported first quarter net earnings of $46.7 million, or 51 cents per share, up from $39 million, or 42 cents per share, in the first quarter of 2013.
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Bruce Laning has been named president of Madison-based investment advisory firm Baker Tilly Investment Advisors LP. He will work out of the Milwaukee office.
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Milwaukee-based Harley-Davidson, Inc. today reported first quarter net income of $265.9 million, or $1.21 per share, up from $224.1 million, or 99 cents per share, in the first quarter of 2013.
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Brown Deer-based Badger Meter Inc.’s stock has been upgraded by investment analysts at Robert W. Baird & Co. Inc. from a “neutral” rating to an “outperform” rating. Baird has a new $57 per share price objective for Badger Meter’s stock, up from a previous price objective of $54.
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Milwaukee-based private mortgage insurer MGIC Investment Corp. today reported first quarter net income of $59.9 million, or 15 cents per share, up significantly from a first quarter net loss of $72.9 million, or 31 cents per share, in 2013.
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Racine-based Modine Manufacturing Inc. has been upgraded from “neutral” to “outperform” rating by analysts at Milwaukee-based Robert W. Baird & Co. Inc.
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