Economic Development
MGIC earnings improve
Milwaukee-based MGIC Investment Corp. reported second quarter net income of $45.5 million, or 12 cents per share, up from $12.4 million, or 4 cents per share, in the second quarter of 2013.
Bank Mutual earnings up 35%
Brown Deer-based Bank Mutual Corp. reported second quarter net income of $3.6 million, or 8 cents per share, up 35 percent from $2.6 million, or 6 cents per share, in the second quarter of 2013.
UMB unveils new space, new leaders
UMB Fund Services announced that chief executive officer John Zader has retired. Tony Fischer has been promoted to president and Maureen Quill has been promoted to chief operating officer to fill the role.
Associated Banc-Corp earnings decline
Green Bay-based Associated Banc-Corp reported second quarter net income of $46.4 million, or 28 cents per share, down from $47.9 million, or 28 cents per share, in the second quarter of 2013.
Roadrunner acquires Indiana transportation firm
Cudahy-based Roadrunner Transportation Systems Inc. has acquired Integrated Services, ISI Logistics and ISI Logistics South for $13 million.
HellermannTyton seeks $10 million MEDC loan for bigger expansion
HellermannTyton Corp. is seeking a $10 million loan from the Milwaukee Economic Development Corp. for the ongoing expansion of its facility at 6701-11 W. Good Hope Road in Milwaukee.
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Northwestern Mutual meeting to draw 10,000 to Milwaukee
Milwaukee-based Northwestern Mutual Life Insurance Co. will host its annual meeting in Milwaukee from July 19 to 23, drawing about 10,000 of its employees and their families from across the country.
Community Care to close Prospect Ave. location
Community Care Inc. plans to close a Milwaukee location and lay off 50 employees, according to a WARN notice filed with the state Tuesday.
Midland Video Productions has new co-owners
Midland Video Productions, a Milwaukee-based marketing and business video production company, announced the sale of the company after 34 years of ownership by George Liberatore and Neil Jaehnert.
Ellenbecker turns over reins of company to daughter
Karen Ellenbecker, founder of Pewaukee-based Ellenbecker investment Group, is turning over the reins of her investment advisory company to her daughter, Julie Ellenbecker-Lipsky, who is the firm's new president.
