Economic Development

U.S. Bank adds ETF

Milwaukee-based U.S. Bancorp Fund Services, LLC has added an exchange traded fund to its ETF Series Solution multiple series trust.

On the Money: How to tell when a stock is truly cheap

When considering valuation-conscious investing, often the first metric that comes to mind is price/earnings. This fundamental measure of value identifies stocks whose share prices are moderate relative to their profitability. However, it takes more than just one factor to get through Heartland's investment process. Another less-understood valuation measure, the “Enterprise Multiple,” can help identify true discounted companies.

Northwestern Mutual confirms Russell plans

Milwaukee-based Northwestern Mutual Life Insurance Co. Inc. has confirmed it is exploring “strategic alternatives,” including a potential sale, of its majority ownership in Russell Investments.

Artisan closing Global Value fund

Artisan Partners Asset Management Inc. announced it will close its Global Value strategy and the Artisan Global Value Fund on Feb. 14.

Roundy’s plans additional stock offering

Milwaukee-based Roundy's, Inc. announced it has filed a prospectus for a public offering to sell 2.9 million more shares of its common stock.

Biz Blog: Shrinking accounting industry limits options

In a late 2013 Milwaukee Biz Blog, economist Kay Plantes questioned whether consolidation in the professional services sector has been a good thing.
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Innovative Signs purchases assets of Alpha Neonx

Waukesha-based Innovative Signs has purchased the assets of Wauwatosa-Based Alpha Neonx, a manufacturer of electrical signs.

U.S. Bank to add hundreds of jobs downtown

Minneapolis-based U.S. Bancorp plans to add about 300 employees to its downtown Milwaukee workforce in the next couple of years, according to U.S. Bank vice president Joe Ullrich.

Johnson Insurance offering private exchange

Racine-based Johnson Insurance Services has created a private health insurance exchange for businesses.

Manufacturing sector continues growth streak

Milwaukee area manufacturing has been growing for five consecutive months, according to a report today from the Institute for Supply Management-Milwaukee.

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