Economic Development

Money events

The Wisconsin Association of Financial Professionals will host its 25th Annual Conference on Tuesday, Sept. 10 from 8:15 a.m....

‘Divide and Conquer’ politics stagnates Milwaukee’s economy, shuts out black males

I just get amazed when we as politicians get tough on crime, but are soft on economics.

Rockwell earnings up 6.8%

Milwaukee-based Rockwell Automation Inc. reported third quarter net income of $203.7 million, up 6.8 percent compared to $190.7 million in net income during the third quarter of fiscal 2012. Diluted earnings per share were $1.45, up from $1.33.

Fiserv earnings down

Brookfield-based Fiserv Inc. reported second quarter net income of $151 million, or $1.13 per share, down from $161 million, or $1.17 per share, in the second quarter of 2012.

Connecture projects major revenue growth

Brookfield-based Connecture, Inc. is forecasting revenue growth of more than 80 percent this year to revenues in excess of $90 million.

Generac announces secondary offering

Funds affiliated with CCMP Capital are selling all of their 7.02 million shares of stock in Generac Holdings Inc. through a secondary offering, excluding small amounts held by directors and a former director that were given as compensation for service on the board of directors.
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Actuant to acquire oil and gas support company

Actuant Corp. announced it is acquiring Viking SeaTech, a Scottish offshore oil and gas support company, for about $225 million.

Principal employees join Million Dollar Round Table

Principal Financial Group employees Ben Trevino, Roric Griffith, Adam Brophy and Susie Allen have been named Million Dollar Round Table members. All four are based at the company’s Wisconsin Business Center in Milwaukee.

MGIC returns to profitability

Reflecting the growing rebound of the U.S. housing market, Milwaukee-based MGIC Investment Corp. reported its first quarterly profit since 2010.

Harley anniversary will boost Marcus Corp.

The Marcus Corp. reported fiscal fourth quarter net earnings of $3.5 million, or 13 cents per share, down from $6.7 million, or 23 cents per share, in the same period a year ago.

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