MANITOWOC, Wis.-- The Manitowoc Company Inc., which makes cranes and restaurant equipment, reported Thursday that its fiscal fourth-quarter net income more than doubled on improved sales and margins. Manitowoc's total revenue increased to $1.13 billion from $1.03 billion, with gains in both its crane and foodservice businesses.
*Democrats seen backing away from Medicare enrollment age hike. WASHINGTON, Jan 31- Just months after President Barack Obama's re-election ended Republican hopes of controlling U.S. healthcare policy, one of the most controversial Republican proposals for Medicare is showing signs of rising from the political ashes.
Its adjusted results beat Wall Street's view. The company earned $40.1 million, or 38 cents per share, compared with $22.8 million, or 22 cents per share, in the prior-year period. For the year, Bemis Co. earned $173.8 million, or $1.66 per share.
WASHINGTON-- A group of a half-dozen House members, equally divided between Democrats and Republicans, is nearing completion of wide-ranging immigration legislation similar to proposals by Senate negotiators and President Barack Obama, including a pathway to legal immigration status for 11 million illegal immigrants already in the U.S.
Scott Walker on Tuesday appointed Reed Hall to head Wisconsin's embattled job-creation agency, an organization Hall has been running on an interim basis since November following the resignation of the previous CEO.
*Adjusted profit $1.23/ share vs $1.27 Wall Street view. Jan 30- Rockwell Automation Inc reported a steeper-than-expected 12 percent drop in quarterly profit on weak demand, particularly in China, for its systems that help factories run more smoothly.
MILWAUKEE-- ManpowerGroup's fourth-quarter net income dropped 16 percent after being stung by the cost of offie consolidation and severance payouts. For the three months ended Dec. 31, ManpowerGroup earned $53.3 million, or 68 cents per share. ManpowerGroup said unfavorable foreign currency also cut a penny from per-share earns.
Jan 30- Rockwell Automation Inc reported a steeper-than-expected 12 percent drop in quarterly profit on a weak demand for its systems that are used to help factories run more smoothly. The company said on Wednesday that fiscal first-quarter earnings fell to $161.4 million, or $1.14 per share, from $183.3 million, or $1.27 per share, a year earlier.
NEW YORK-- A Goldman Sachs analyst downgraded Harley-Davidson Inc. to "Neutral" from "Buy," saying that while the motorcycle maker's finances are healthy, its shares are close to the top of their traditional trading range.
The 110- year-old company has been working on upgrading the computer systems at its big factories in York, Pennsylvania, and Kansas City, Missouri, for more than a year. "We are seeing the benefits today," Chief Executive Keith Wandell said of the system, based on SAP AG software.
MADISON, Wis.-- Committees in Wisconsin's Senate and Assembly plan to meet simultaneously on Feb. 6 to vote on sending a mining bill out for debate. Republicans who control the Legislature have said they want to pass the bill quickly to help spur job creation, and the scheduling of the committee executive sessions is a sign of that urgency.
The message from sheriffs and police chiefs gathered at the White House reflected the political reality in Congress that the assault weapons ban in particular is likely to have a hard time winning broad support. The president appeared to recognize the challenge of getting everything he wants from Congress as well, participants in the meeting said.
Rick Snyder asked the Michigan Supreme Court on Monday to rule quickly on the constitutionality of the new right-to-work law that takes effect in late March, saying questions on how it would impact 35,000 unionized state employees must be resolved before new contract talks begin this summer.
*Electric car battery maker A123 funded by U.S. government. Jan 29- China's largest auto parts maker won U.S. government approval to buy A123 Systems Inc, a bankrupt maker of electric car batteries that was funded with U.S. government money, a source familiar with the situation said on Tuesday.
Jan 29- Harley-Davidson Inc on Tuesday reported fourth-quarter net income slightly below Wall Street estimates, as it shipped fewer motorcycles while phasing in new software control systems at its main U.S. factories.
MILWAUKEE-- Harley-Davidson's net income slid 33 percent in the fourth quarter compared with last year when the company booked a $51 million gain related to taxes.
Jan 29- Harley-Davidson Inc reported fourth-quarter net income slightly below Wall Street estimates, as it shipped fewer motorcycles while phasing in new software control systems at its main U.S. factories. The company on Tuesday said profit was $70.6 million, or 31 cents per share, compared with $105.7 million, or 46 cents per share a year earlier.
Local, state and federal health and regulatory officials said the likely cause of the Salmonella Typhimurium outbreak was Jouni Meats Inc and Gab Halal Foods, both of Michigan. Last week Jouni Meats recalled approximately 500 pounds of ground beef and Gab Halal Foods recalled about 550 pounds of ground beef, the CDC said.
Local, state and federal health and regulatory officials said the likely cause of the Salmonella Typhimurium outbreak was Michigan- based Jouni Meats Inc, of Sterling Heights, and Gab Halal Foods, of Troy, Michigan.